text: Muhammad Naviede, 60, (pictured outside the Old Bailey in 1995) was killed instantly in a plane crash . A banking fraudster with links to Cherie Blair was killed instantly in a plane crash minutes after he sent a text saying his aircraft was going down, an investigation has revealed. Muhammad Naviede, who was jailed in 1995 for nine years for a £45million fraud, died after his Piper Tomahawk aircraft plummeted into a field near Padbury in Buckinghamshire. The 60-year-old, whose daughter is a former X-Factor contestant, sent a text to a relative shortly before the crash on August 20 last year saying: 'I'm in a plane out of control and it's going down.' An investigation by the Air Accident Investigation Branch (AAIB) said the message was 'unusual' as the leased plane did not enter a spin until after it was sent. The experienced pilot had also tried to call the same relative before writing 148 characters within 25 seconds in a text - something the AAIB said would require 'considerable dexterity'. The report said: 'The pilot had accumulated considerable experience in a variety of aircraft in the years that he had been flying. He was familiar with the Piper Tomahawk aircraft and was in recent flying practice. 'It was suggested in his final text message that he had lost control of the aircraft, to such an extent that he did not expect to survive. 'However, after this message was sent, the aircraft continued in flight for more than two minutes, before entering a spin from which it did not recover.' Investigators found no fault with the aircraft and said weather conditions were unlikely to have caused the crash. Mr Naviede, of Regent's Park, London, had previously undertaken aerobatic training, meaning he 'would have recognised, and been able to recover from, a spin', according to the AAIB. The investigation also revealed the father-of-two had not booked a final destination for the fatal flight. Mr Naviede, whose personal wealth was once estimated to be £117million, was the former head of trade finance company Arrows, which collapsed owing more than £100 million to overseas banks and other creditors in 1991. He was the father of model and 2007 X-Factor contestant Raquelle Gracie, who was in girl band Hope, and had a record with Pharrell Williams. The girls initially auditioned for the fourth series as solo artists but judge Louis Walsh told them to re-audition as a band and they made it to the live shows where they came fifth. His Piper Tomahawk aircraft plummeted into a field near Padbury in Buckinghamshire in August last year . The pilot had written a 148 character text within 25 seconds - something the Air Accident Investigation Branch said would require 'considerable dexterity especially in an aircraft that may have been out of control' Ms Gracie, who is married with an 18-month-old daughter, is now a yoga teacher and continues to sing after previously hosting an online news and gossip series on website Dipdive, created by will.i.am. His brother was the former Government race advisor Nighat Awan, who entertained Mrs Blair at her multi-million pound home in Cheshire in 2004. In 1995, a jury at the Old Bailey convicted him of seven charges of fraudulent trading, obtaining property and services by deception and making false statements to obtain bank facilities. On the day of the crash, Mr Naviede had flown the Piper PA-38 Tomahawk from Elstree, Hertfordshire, to Turweston Aerodrome before heading on to White Waltham airfield near Maidenhead, Berkshire. He was then due to return to Elstree, but at 4.55pm Mr Naviede telephoned the aerodrome to say he would not be returning that day and did not book an alternative destination. The plane took off from White Waltham shortly after 5pm, heading north, and when he was just south of Buckingham, he began to fly in a circle for almost an hour at between 2,500ft and 4,700ft. His daughter Raquelle Gracie (far right) came fifth in the 2007 series of the X Factor with girl band Hope . It was at this time he made a number of calls on his mobile telephone and at 6.31pm he unsuccessfully tried to call the relative who he then sent the final text to. Investigators suggested that two minutes later he still had 'at least control of lateral flight'. The aircraft then turned to the left as the pilot sent out a 'Mayday' distress call, saying: 'Lost control of the aircraft and it's gone into a spin.' Mr Naviede then confirmed his location to the controller before saying: 'I can't control it.' Mr Naviede's brother was former Government race advisor, Nighat Awan, who entertained Mrs Blair at her multi-million pound home in Cheshire in 2004 . The AAIB report said: 'It was apparent, from the witness accounts and the on-site evidence, that the aircraft had entered a spin from which it did not recover. 'The time elapsed during the pilot's final radio transmissions, together with the rate of descent deduced from the NASA videos, suggested that the spin was likely to have started from a minimum height of 2,500ft, and probably higher.' The report also highlighted strange aspects of Mr Naviede's behaviour on the day, although people who spoke to him said he appeared 'chatty, friendly and relaxed'. Investigators wrote: 'There were a number of events which took place in the course of the afternoon which represented unusual actions on the part of the pilot. 'It appears the pilot made a change of intended destination prior to leaving White Waltham. 'Having booked out for Elstree he subsequently called them to advise he would not be returning there. He did not book out to any other destination. 'After departing White Waltham and flying north for about half an hour, he flew in a large circular pattern for almost an hour. 'Although somewhat unusual, this may be explained by the need to re-charge the aircraft battery.' Mr Naviede, who had more than 3,000 hours of flying experience, died instantly in the crash and a post-mortem examination carried out on his body revealed he died as a result of multiple injuries. A date has not been set for an inquest but it is likely to take place in May with a jury.
target: Muhammad Naviede died after his Piper Tomahawk aircraft crashed in field .
  The 60-year-old sent text to relative shortly before plane span out of control .
  Air Accident Investigation Branch investigation says message is 'unusual'
  His daughter was on X Factor and brother entertained Cherie Blair at home .
  The father-of-two was jailed for nine years in 1995 for a £45million fraud .