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MD of Cisco gold partner pleads guilty to fraud

Director of NSC Technology up in court

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The managing director of Cisco Gold Partner NSC technology has pleaded guilty to several counts of fraud at the Crown Court at Middlesex Guildhall today.

Muhammed Yaseem was in court with co-defendants Charles Warner Allen and Jonathan Palmer, not of NSC. Yaseem started NSC Technology in 1992 with two colleagues and by 1999 it had built up to 50 people. The company was awarded gold partnership with Cisco in 2000 and won Cisco Partner of the Month that March.

The company now has offices around the world but retains its headquarters in London.

Yaseem faced five counts of fraud, but by Friday evening the only records available to us regarded count 3 of conspiring falsely to account, which Yaseem pleaded not guilty to and the Judge said was to lie on file (i.e. not be pursued), and count 5 of Conspiracy to make corrupt payment, to which Yaseem pleaded guilty.

The payments concerned the purchase of computer equipment between December 1995 and June 1997 between two companies - Perfect Information Ltd and GLP Technology Ltd.

A date for the sentence has yet to be decided. NSC had not returned to us with an official statement by the time we left on Friday. ®

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