NatWest Ordered to Pay Compensation for Unclear Bounce Back Loan Trading Rules, Ombudsman Upholds Complaint
BBL Blaggers
Mahammad Aleem, Director of AMX Motors Ltd, Receives 10-Year Ban for Misrepresenting Turnover to Secure Barclays Bounce Back Loan
Mahammad Aleem, director of AMX Motors Ltd, has been banned for 10 years for overestimating turnover to secure a Barclays Bounce Back Loan, based on unrealistic car sales projections during lockdown. The ban reflects financial misconduct. […]
BBL Blaggers
9 and 10-Year Bans for Co-Directors Misusing Barclays Loan with Dormant Accounts
Co-directors secured an ineligible Barclays Bounce Back Loan, proven by dormant accounts, and face 9 and 10-year bans, with liquidators opting not to pursue recovery. Explore this case. […]
Special Reports
HM Treasury Claims No Evidence of Bounce Back Loan Rule Breaches by Brokers or Lenders
HM Treasury’s surprising claim of no rule breaches by Bounce Back Loan brokers or lenders sparks debate over oversight and accountability. […]