
11-Year Ban for Director’s Turnover Lies and Misuse of NatWest BBL

Mohammed Iftikhar, director of Spicy Pizza Idle Limited, begins a 10-year ban today, July 8, 2025, after falsely reporting a £250,000 turnover to secure a £50,000 Bounce Back Loan from Lloyds Bank. Investigations revealed his actual turnover was £0, and he failed to account for the loan funds’ whereabouts, leading to the disqualification. […]
Abdul Kadir, director of Shahin’s Takeaway Ltd, has been banned for nine years for exaggerating turnover to secure a £25,000 Barclays Bounce Back Loan. The ban underscores misuse of government-backed financial support. […]
A Ruislip director faces a nine-year ban after overstating his company’s turnover to obtain a Lloyds Bank Bounce Back Loan, making only 11 monthly repayments. […]
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