News Desk Verified @newsdesk 19 May 2026
‘Appalling’ Director Banned for Maximum 15 Years After Securing COVID Loan for Company Which Never Traded

South London director disqualified for Bounce Back Loan abuse ‘Appalling’ Director Banned for Maximum 15 Years After Securing COVID Loan for Company Which Never Traded Ademilson Nascimento secured £46,500 in Bounce Back Loan funds for a construction company which never traded His actions were described by the judge as “bluntly appalling”, “dishonest”, and “deliberate” Nascimento has been banned as a company director for 15 years, the maximum period possible A South London man who secured...
‘Appalling’ Director Banned for Maximum 15 Years After Securing COVID Loan for Company Which Never Traded

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