Nephew of Poundstretcher boss killed in horror crash when car left motorway and hit tree
Police investigating fatal collision on the M45 in Warwickshire
THE NEPHEW of the boss of budget chain poundstretcher has been killed in a horrific road smash.
Sabir Tayub was killed when his Mercedes left the M45 and crashed into a tree in Warwickshire on Tuesday.
Sabib, who was in his 40s, was pronounced dead at the scene of the crash at about 1.30pm, the reported.
He was the managing director of Sert UK, based in Nottinghamshire.
The businessman's uncle is Aziz Tayub who runs Crown Crest food distribution, which owns poundstretcher. The business was set up by Sabir's father Rashid.
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Aziz and his family are estimated to have a personal fortune of about £250million.
Uday Dholakia, a former chairman of Leicestershire Asian Business Association, told the Leicester Mercury: "It's deeply saddening for the family. I met Sabir in passing but I know his father Rashid, who encouraged his family to be successful but also very modest."
An inquest into the death was opened on Friday and adjourned for police investigations to take place.
Officers investigating the incident on the M45 would like to hear from anyone who witnessed the crash or saw the car before the collision occurred.
Anyone with information is asked to call Warwickshire Police on 101 quoting incident 187 of November 15.
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