Co-Directors Banned for 6 and 7 Years for Bounce Back Loan and CBILS Violations
BBL Blaggers
: Godfrey Dube, Hewitt Education Limited Director, Banned for 11 Years Over Inflated Turnover Estimate for £50,000 Lloyds Bounce Back Loan
Godfrey Dube, director of Hewitt Education Limited, has been disqualified from directorship for 11 years after overstating his company’s 2019 turnover to secure a £50,000 Bounce Back Loan from Lloyds Bank. Despite being permitted to estimate turnover, the liquidator’s investigation revealed the estimate was grossly inflated, with no prospect of recovering the misused funds. […]
BBL Blaggers
Directors Banned for 6 Years for Misusing £30,000 Santander and £46,000 Lloyds Bounce Back Loans for Personal Benefit
Two directors have been disqualified for six years after using a £30,000 Santander Bounce Back Loan and a £46,000 Lloyds Bank Bounce Back Loan for personal benefit, rather than business purposes. […]
BBL Blaggers
2.5-Year Ban for Director’s Misuse of £50k NatWest BBL
A director’s failure to direct a £50k NatWest BBL to business needs led to a brief 2.5-year ban. Discover why this penalty was lighter than most. […]