Logistics boss banned after £1m worth of false claims uncovered
A director of a Birmingham logistics firm has been banned from running companies for nine years after falsely claiming £1m worth of work to secure advance payments from lenders.
In 2011, Contact Transport, based in Garrets Green, was acquired by another company, Keelek 369, before it entered into a Company Voluntary Arrangement (CVA) in the same year to help manage its debts, which completed in July 2015.
While the company returned to profit between 2012 and 2014, Contact Transport entered into a difficult trading period and fe... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
