Ramunelis Kuodis the Director of R&K Trans Ltd Hit With a 10 Years Ban for Blagging a £50,000 Bounce Back Loan from Lloyds Bank By Over-Egging His company Turnover and Not Using the Funds For the Benefit of the Business
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Watch Your Backs
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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