
Director Banned for 5 Years for Misusing £50,000 Santander Bounce Back Loan

Solomon Ogah, the Nigerian director of Pelizar International Limited, has been hit with a 10-year directorship ban after fraudulently securing a £47,500 Bounce Back Loan. Ogah misrepresented his company’s turnover as £189,000, when in reality, it was £0. The scheme, intended to support businesses during financial hardship, was exploited through this deceptive overstatement, leading to his recent disqualification by authorities.
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Two Walsall barbershop directors face nine-year bans after overstating their business turnover to obtain a £50,000 and a £34,500 Bounce Back Loan from Lloyds Bank. […]
Marina Guilleux, a French director of MG Events Ltd, has been disqualified for nine years after exaggerating her company’s turnover to obtain a £45,000 NatWest Bounce Back Loan. […]
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