Four directors banned for abusing Covid-19 loans

A director has been banned for nine years and three more received extended bankruptcy restrictions after fraudulently collectively claiming £100,000 from the Bounce Back Loan (BBL) scheme

The Insolvency Service has banned cleaning company director Rafael Henrique Scher, 38, for nine years after an investigation found that nearly he had claimed £30,000 from the bounce back loan scheme after his company was insolvent.

The Insolvency Service also announced the eight-year extension to bankruptcy restrictions for takeaway owners Mujeebullah Khan, 34, and Muhammed Omair Javaid, 33 who applied for a loan of £50,000 after they had sold their business, and Malcolm Wilks, 57, who applied for a loan of £19,000 after his pub had entered an individual voluntary arrangement (IVA).

Scher was the sole director of N&S Solutions Ltd which was incorporated in 2018. The company entered administration in August 2019 with debts of around £150,000, it then later entered liquidation on 23 June 2020.

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