6 & 7-Year Bans for Unproven Bounce Back Loan Use by Directors
Special Reports
Barclays Cancels PAYG Option and Closes Account Over Missed Payments; Ombudsman Awards £150
Barclays reverses a customer’s PAYG option and closes his account for missing payments; the Ombudsman offers £150 but won’t reinstate the loan. […]
BBL Blaggers
Sarah Ilyas, Director of 1SR Limited, Banned for 10 Years for Misrepresenting Turnover to Secure £50,000 Barclays Bounce Back Loan
Sarah Ilyas, director of 1SR Limited, faces a 10-year ban for claiming a £200,000 turnover, when it was £354, to secure a £50,000 Barclays Bounce Back Loan. Liquidator Rikki Burton’s findings led to the disqualification. […]
BBL Blaggers
Mohammad Dawood Niazi of Kebabish Hampshire Ltd Banned for 6 Years for Failing to Provide Records for Lloyds Bank Bounce Back Loan
AMohammad Dawood Niazi, director of Kebabish Hampshire Ltd, faces a lenient six-year ban for not providing accounting records to the liquidator, preventing verification of the legitimacy and usage of a Lloyds Bank Bounce Back Loan. […]