NatWest Ordered to Reinstate Bounce Back Loan and Pay £750 for PAYG Delay, Ombudsman Upholds Complaint
BBL Blaggers
Hafiz Bilal Butt, Director of Sobsab Limited, Faces 6-Year Directorship Ban for Non-Compliance with Liquidator
Starting 2 June 2025, Hafiz Bilal Butt, director of Sobsab Limited, is subject to a six-year directorship ban. The penalty was imposed due to his failure to cooperate with a liquidator investigating the transfer of most of a £50,000 Bounce Back Loan to a third party, raising concerns about the misuse of funds intended for the company’s benefit. […]
BBL Blaggers
10-Year Ban for Director’s Dual NatWest and HSBC BBL Scheme Violation
Evidence from the Department of Business and Trade exposed a director’s illegal dual BBLs from NatWest and HSBC, leading to a 10-year ban. Uncover the rule-breaking details. […]
BBL Complaints Dismissed
Barclays Rejects Fraud Claim for Bounce Back Loan Transfer, Ombudsman Dismisses Complaint
A Barclays customer claimed a Bounce Back Loan was fraudulently transferred. The Ombudsman dismissed the complaint, finding phone calls indicated customer involvement. […]