
Surendra Kandiah, Director of New Brands Asia Limited, Gets 11-Year Ban After Creditor Winding-Up Reveals Blagged Second £50,000 Bounce Back Loan

A London-based director has been disqualified for seven years after obtaining a £50,000 Metro Bank Bounce Back Loan for a business ineligible due to its trading start date. […]
Misusing Bounce Back Loans for non-verifiable expenses has led to director bans and investigations. […]
After multiple attempts with varying turnover figures, a director secured a Santander Bounce Back Loan, leading to an 11-year ban for fraudulent exaggeration and personal transfer. […]
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