Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Tom Pegden

Takeaway and building supplies bosses disqualified after falsely claiming tens of thousands in Bounce Back Loans

The bosses of an East Midlands takeaway and a timber supplier have been disqualified from directorships after falsely claiming tens of thousands of pounds of Covid bounce-back loans.

The Insolvency Services said Muhammad Rais, 42, from Leicester, had been disqualified from being a company director for nine years for exaggerating the turnover of his takeaway to claim an extra £31,000 of support.

It said Lee Mankelow, 42, of Arnold, in Nottinghamshire, was disqualified for six years, after claiming £50,000 from the loan scheme to support his timber supply business – which he paid directly to a former director of the company.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.