Blackburn Lawyer Saimina Jan Virmani managing partner at Joseph Frasier Solicitors in Lions Drive, is set to face a legal disciplinary hearing over allegations that £1.6million was ‘improperly used’ for an investment firm.
The Solicitors Regulation Authority (SRA) has reported that Saimina is alleged to use £1.6million she received from an investment fund in circumstances in which it was improper to do so. and that she did not ensure that the intended use of the investment money was properly documented.
She was further alleged that she neither paid the investment money into client account nor run her firm in accordance with proper governance.
An authority spokesman said that allegations are not proven yet and are subject to a hearing before the Solicitors Disciplinary Tribunal. The independent tribunal which will reach its own decision after collecting evidence from Solicitor.
Saimina Jan-Virmani was unavailable to give her opinion or comment on the allegations she is set to face.
The practice, based at The Beehive, was named legal firm of the year in the Red Rose business awards in 2015.
Original News Source: Lancashire Telegraph