
Directors Face Punishment for Securing Bounce Back Loans for Dormant Companies During Liquidation

Ayine Richard Simon Nigo, director of Triad Investments Ltd, faces an 11-year ban for inflating turnover to secure a £45,000 Barclays Bounce Back Loan and transferring it to himself. The disqualification underscores misuse of funds. […]
Three co-directors face 11-year bans for exaggerating their businesses’ turnover to obtain two Barclays Bounce Back Loans, failing to justify their estimates. Uncover the consequences of their financial misconduct. […]
Barclays’ closure of a customer’s account triggered a Bounce Back Loan default. […]
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