Two Directors Banned for 4 and 7 Years After NatWest and Lloyds Lose £100k in Bounce Back Loans
Special Reports
Insolvency Service Confirms BEIS’s Odd Rule Under Kwasi Kwarteng: 8-Year Ban for Overstating BBL Turnover by Over 25% of Allowed 25% During Insolvency
BEIS’s strange rule, backed by Kwasi Kwarteng, slaps 8-year bans on directors for exaggerating BBL turnover during insolvency. We dissect this bizarre policy. […]
BBL Blaggers
Kalsoom Akhtar, Director of Paradise (WF) Ltd, Receives 6-Year Ban for Misusing £50,000 Barclays Bounce Back Loan
Kalsoom Akhtar, director of Paradise (WF) Ltd, has been banned for six years for transferring a £50,000 Barclays Bounce Back Loan to herself, her ex-partner, and making cash withdrawals. The lenient ban reflects misuse of funds. […]
BBL Blaggers
Insolvency Service Wallops Director with a 6-Year Ban for Blagging £15,000 TSB Loan While Bust and Spending It on Himself
A director’s been whacked with a 6-year ban for nabbing a £15,000 TSB loan when his firm was insolvent and using it for personal kicks. Dig into the details! […]