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| Version 1 | Version 2 |
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| UK arms dealer jailed over China-Nigeria deal | UK arms dealer jailed over China-Nigeria deal |
| (30 days later) | |
| An arms dealer who helped ship thousands of AK47 assault rifles and millions of rounds of ammunition from China to Nigeria has been jailed for seven years. | An arms dealer who helped ship thousands of AK47 assault rifles and millions of rounds of ammunition from China to Nigeria has been jailed for seven years. |
| Gary Hyde, 43, was sentenced at Southwark crown court in London after being convicted on two counts of breaching UK trade controls and concealing criminal property. | Gary Hyde, 43, was sentenced at Southwark crown court in London after being convicted on two counts of breaching UK trade controls and concealing criminal property. |
| Hyde, of Newton on Derwent, near York, moved the weapons without a licence and hid more than £1m (£620,460) in commission payments. | Hyde, of Newton on Derwent, near York, moved the weapons without a licence and hid more than £1m (£620,460) in commission payments. |
| The deal between Beijing and Abuja was lawful, but Judge Nicholas Loraine-Smith said as the middleman, Hyde was caught out by his own greed. | The deal between Beijing and Abuja was lawful, but Judge Nicholas Loraine-Smith said as the middleman, Hyde was caught out by his own greed. |
| He failed to apply for a licence to take part in the deal, fearing it would be refused, but was attracted by the "enormous profits" to be made, the judge said. | He failed to apply for a licence to take part in the deal, fearing it would be refused, but was attracted by the "enormous profits" to be made, the judge said. |
| Hyde legitimately ran and expanded wholesale business York Guns to the point where it employed 20 staff in 2003. He helped broker various arms deals including some for the British government. But in 2006 he got involved in the deal between China and Nigeria which saw up to 40,000 AK47s, 30,000 rifles and 10,000 9mm pistols go to the west African country along with 32m rounds of ammunition. | Hyde legitimately ran and expanded wholesale business York Guns to the point where it employed 20 staff in 2003. He helped broker various arms deals including some for the British government. But in 2006 he got involved in the deal between China and Nigeria which saw up to 40,000 AK47s, 30,000 rifles and 10,000 9mm pistols go to the west African country along with 32m rounds of ammunition. |
| Hyde was convicted after a retrial on two counts of becoming knowingly concerned in the movement of controlled goods between March 2006 and December 2007. He was also found guilty of one count of concealing criminal property between March 2006 and December 2008 after he hid the profits in a bank in Liechtenstein. | Hyde was convicted after a retrial on two counts of becoming knowingly concerned in the movement of controlled goods between March 2006 and December 2007. He was also found guilty of one count of concealing criminal property between March 2006 and December 2008 after he hid the profits in a bank in Liechtenstein. |
| The judge told him: "You got carried away by the enormous profits that could be made elsewhere and, it would seem, in some less responsible company. I accept you opened your account in Liechtenstein to reduce your tax liability in lawful ways but it was there conveniently for you to launder the money from this unlawful deal." | The judge told him: "You got carried away by the enormous profits that could be made elsewhere and, it would seem, in some less responsible company. I accept you opened your account in Liechtenstein to reduce your tax liability in lawful ways but it was there conveniently for you to launder the money from this unlawful deal." |
| The judge added: "Applying for a licence would have been easy. There was no evidence you would have got one, the question was never asked. I suspect you thought you would not. If you had, you would have also been concerned about the UK authorities finding out about your very substantial earnings." | The judge added: "Applying for a licence would have been easy. There was no evidence you would have got one, the question was never asked. I suspect you thought you would not. If you had, you would have also been concerned about the UK authorities finding out about your very substantial earnings." |
| Hyde's barrister, Stephen Solley QC, said his client had previously had "an impeccable record" and had once alerted the UK authorities about a deal between China and Libya in which "the very latest missile systems" were going to the north African dictatorship. | Hyde's barrister, Stephen Solley QC, said his client had previously had "an impeccable record" and had once alerted the UK authorities about a deal between China and Libya in which "the very latest missile systems" were going to the north African dictatorship. |
| A forfeiture and destruction hearing will be held at the court on 17 December. | A forfeiture and destruction hearing will be held at the court on 17 December. |
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