Two arrested over '£2m tax fraud'
Published 25/09/2013 | 00:01
Two men have been arrested in connection with a suspected £2 million tax fraud in Northern Ireland.
Cash and records were seized during raids on businesses and private addresses in counties Down and Tyrone.
HM Customs and Revenue (HMRC) said the suspected fraud was linked to the transport industry but declined to give further details.
Both men were questioned by HMRC officials and have been released on bail.
John Whiting, HMRC assistant director for criminal investigation, said: "HMRC takes tax fraud extremely seriously and anyone deliberately choosing to evade the taxes they owe should expect not only a heavy fine, but possibly a criminal prosecution as well."
Investigations into the alleged fraud are continuing.