NatWest Issues Bounce Back Loan in Sole Trader Name, Ombudsman Dismisses Liability Complaint
BBL Blaggers
Amir Mohammad, S&A Food Store Ltd Director, Disqualified for 11 Years for Transferring £50,000 Bounce Back Loan to a Deceased Pakistani Property Developer
The government’s Bounce Back Loan scheme saw abuse, with directors banned for fabricating business turnover data. […]
BBL Complaints Dismissed
HSBC Denies SME Feeder Account, Blocking Bounce Back Loan, Ombudsman Dismisses Complaint
IHSBC denied an SME feeder account, preventing a Bounce Back Loan. The Ombudsman dismissed the complaint, affirming the bank’s discretion to refuse accounts. […]
BBL Blaggers
Director Banned 7 Years for Misusing £50,000 Bounce Back Loan
A director who diverted a £50,000 NatWest Bounce Back Loan from business use, leaving it unpaid at insolvency, faces a 7-year disqualification. […]