Divinder Singh Pahal the Director of DSP Smithys Hotel Ltd Slapped with a 7 Year Ban for Not Using His Company’s Lloyds Bank Bounce Back Loan for the Benefit of His Business – Transferring the Money to Himself and an Associated Company Instead
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Corruption Commissioner
HMRC, Cabinet Office and the Department of Business and Trade Have Now Flagged Bounce Back Loan Recipients Whose Actual Turnover Didn’t Match Their BBL Application and/or LTD Companies Who Were Not Registered for VAT But Declared a BBL Turnover Figure That Required VAT Registration