
NatWest Ordered to Write Off Bounce Back Loan for Ineligible Business, Ombudsman Upholds Complaint

John Awen, director of Ethical-Fest Ltd, faces an 11-year directorship ban starting July 2, 2025, after inflating his company’s turnover to secure a £50,000 Bounce Back Loan from NatWest, for which the company was ineligible anyway. […]
Spending a £20k NatWest BBL on a car and personal transfers instead of business needs cost a director 5 years. Discover the details of this financial misstep. […]
Here Faking turnover to secure a £30k Barclays BBL and a £20k NatWest BBL for one business cost a director 10 years. Uncover the double-dip that led to his ban. […]
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