Hanif Lalani is a British businessman who lost the honorary title of OBE after getting convicted.
He had served as the CFO of the BT Group and had worked at the company for over 2 decades.
In 2012, AMF (Autorité des marchés financiers) fined Hanif Lalani €1.5 million. Also, it fined his family members an additional €4.6 million as they profited from BT’s plan to buy Net2S.
Net2S was a listed Paris company and the deal valued the firm at €68.5 million. BT acquired 68.6% of the Paris firm in 2007. At the time, Hanif was the Group Finance Director at BT.
Later, the investigations revealed that his relatives purchased shares in Net2S expecting the purchase order from BT.
While Hanif Lalani received the honorary title of OBE in 2002, he lost it in 2020.
In a notice, the Gazette said that Lalani’s appointment to be an ‘Officer of the Civil Division of the Most Excellent Order of the British Empire [OBE] shall be annulled.
Also, the Gazette notified that Hanif’s name would be erased from the Register of the Order.
Hanif Lalani received the award for his business services in Northern Ireland where he worked as BT’s Finance Director in 1998 and Chief Executive in 1999.
The Career of Hanif Lalani
Hanif Lalani joined BT as a graduate trainee in 1983. He became the Managing Director of BT Regions in 2002.
Later that year, he became the CFO of BT Wholesale.
Afterward, Hanif received the post of Group Finance Director for BT.
His career at BT ended in 2010. Jeff Kelly replaced him.
Then, Hanif joined the Easynet board as a Non-Executive Director.
The UK government appointed him as Investment Ambassador for Northern Ireland in 2010.
However, he is no longer in that position.
Currently, he is operating in the Middle East, helping telecom companies function. Still, it’s surprising to see him work in the same industry where he faced a conviction for insider trading.
Conclusion
Insider trading is no small crime. It is simply the abuse of one’s position and power for personal gain.
Seeing his convicted past, it’s obvious that Hanif Lalani is not a reliable executive.
You should be extremely cautious of working with a guy like him.
For example, Krissy Mashinsky is suspected to have indulged in insider trading to increase her profits before her husband’s company filed for bankruptcy.
It would be best for you to avoid dealing with Hanif.
I have discovered that Hanif has several relatives who are assisting him in his illicit operations, some of whom reside in the US. The individual orchestrating this will be publicly named by me in the future.
He’s not even getting his hands dirty anymore, the coward! He has his loyal, brainwashed followers doing his bidding. I’ve tracked down one of these blindly faithful pawns living in the US.
The fool has been tricked by him and still, he grovels at his feet, unfathomably faithful! It defies belief, the extent of their naivety. The moment I get my hands on any solid evidence, I’ll blast it to the world. They all deserve to rot in jail, every last one of his manipulated henchmen!
I will suggest you for investing in some other company if you don’t want to get scammed and add some bad memories to your life.
It is very much common that these multi-billion dollar companies are taking the advantage of the innocence of their users, it is very much important to expose these scammers and aware others from getting defrauded by the firm.
Avoid doing business with this man, there are chances that you will end up being a part of a scam.
I have seen several people who have got their money stolen and were a part of this scam, several such firms are practicing these nefarious crimes, making millions of dollars, as profit and the investors are worried about their ROI, whereas the case is different.
This man is not at all trustable, after having a detailed look at his criminal past I will suggest you avoid this man, making deals with this man is waste of time and money.
I will suggest not indulging with these fraudsters, and avoiding them at any cost.
Several criminals are using these illegal ways to earn money, this should be stooped and strict measures should be taken against these criminals for affecting the dealers.
The criminals should be punished for their crimes and should be asked to surrender the details of their criminal indulgence.
Insider trading has captured the market for the last few years and the government isn’t taking any further steps to make sure these crimes are stopped and none of the citizens get affected by this crime.
Hanif is a horrible boss too. He hurls abuses at his employees and only cares about himself.
I think the fact that this fraudster is allowed to do business freely is a bigger insult to our legal system than the OBE he was awarded before. Hanif stole millions through insider trading but never went to jail. Surely he used his connections.