Hatton Garden raider 'Basil' faces order to pay back nearly £6m from £13.9m burglary
ONE of the Hatton Garden gang is being asked to pay back nearly £6million from the raid, a court heard yesterday.
Michael Seed, known as Basil, is facing a confiscation order following the £13.9million burglary.
The 59-year-old alarm specialist, jailed for ten years in March 2019 over the 2015 heist, has the money in hidden assets, prosecutors allege.
There was “simply no supporting evidence” that he was running a jewellery business, Woolwich crown court heard.
Seed is believed to have let himself into the building in London's diamond district using a set of keys, before defeating the security system.
He was one of two men who climbed into the vault to loot 73 safe deposit boxes after the gang of veteran criminals drilled through a thick concrete wall.
Seed evaded capture for three years before police raided his flat in Islington, North London in March 2018.
He denied any involvement in the heist, but was found guilty of conspiring to burgle, handle stolen goods and convert or transfer criminal property.
Judge Christopher Kinch QC, during the March 2019 sentencing, told Seed: "Your role was a central one. You were at the heart of the core activities that had to be carried out.
"You were not just there to fetch and carry. In my judgment this must rank among the worst offences of its type."
Of the £13.9million of property stolen in the heist, only around £4.5 million has been recovered by police.
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