The Disqualification Files

Here are the details of another Santander Bounce Back Loan that has gone sour, resulting in the Company Director who over-egged his turnover getting an 8-year ban. […]

As Rishi Sunak has now scuttled off back to obscurity having been trounced by Liz Truss in the recent Conservative Party vote for their new Leader and Prime Minister, the fallout of his Bounce Back Loan scheme is still being played out, and here are two more people now beginning long bans due to all manner of wrongdoing associated with that Government backed loan scheme. […]

Not only did over-egging her business turnover allow the Company Director named below to get a £40k Bounce Back Loan, but she then went on to get a BBL top-up worth £9k too. However, having taken the insolvency route with the BBL not being paid back, and her over-egging wrongdoing being exposed and reported by the Liquidator, she is now starting a 9-year disqualification. […]

Santander, who are spying on BBL recipients bank accounts and badgering some of their customers to validate their turnover figures long after they got their loan, could be doing so due to the Company Director, (a BBL customer of theirs) in the case below, who, as you will see, bagged a fortune in Bounce Back Loans and took the insolvency route leaving those loans unpaid at liquidation, and his punishment was an 8-year disqualification. […]

Here is another case of a Company Director with a Bounce Back Loan left unpaid, being given a 6-year ban for failing to maintain and/or preserve adequate accounting records or, in the alternative, failing to deliver accounting records to the Liquidator. […]