
Pub Co-Directors Banned on Boxing Day for Securing NatWest Bounce Back Loan Post-Lease Sale and Misusing Funds

A director faces a seven-year ban after failing to maintain accounting records, preventing the Insolvency Service from verifying whether a £20,000 Lloyds Bank Bounce Back Loan and a Covid grant were used for the company’s benefit or if the turnover justified the loan. […]
A director has been disqualified for 11 years for wrongdoing involving a £50,000 Lloyds Bank Bounce Back Loan, including overstating his business turnover and using the funds for personal benefit. […]
The Insolvency Service has disqualified directors for channelling Bounce Back Loans to personal investments. […]
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