
Contradicting Rishi Sunak’s No-Write-Off Claim, 351st BBL Misconduct Case Results in Debt Write-Off and Bank Payout

Directors face bans of six, seven, and 11 years for misusing Bounce Back Loans totalling £98,000 from Santander, Lloyds, and Coutts, costing significant guarantee claims. […]
A director has been banned for six years for failing to maintain adequate records to verify the use of a £50,000 Santander Bounce Back Loan, which was unpaid at liquidation. The disqualification reflects potential misuse. […]
A London director faces an 11-year ban after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan and transferring the entire amount to himself. […]
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