Construction contractor Tahir Haq overstated his corporate turnover via nearly £200,000 to procure a £50,000 covid mortgage when it was once handiest entitled to simply over £3,000.
Tahir Haq acquired a £50,000 Jump Again mortgage for development crowning glory and freight shipping corporate Integral Upkeep Workforce Ltd in past due 2020.
Alternatively, his corporate was once handiest entitled to about £3,000 beneath the scheme.
The 46-year-old, of Norman Road, Southall, equipped no proof that one of the budget he won had been used for the commercial advantage of his trade, together with money withdrawals and cash, which was once paid to a housing scheme in Pakistan. Haq equipped no paperwork which demonstrated that the housing scheme was once attached to his corporate.
Haq was once disqualified as an organization director for 11 years at a listening to of the Prime Courtroom in London on Tuesday 10th June 2025.
He was once additionally ordered to pay reimbursement of £46,778, in addition to passion at the mortgage totalling £4,078, and further prices of £8,107.
The disqualification order prevents Haq from being concerned within the promotion, formation or control of an organization with out the permission of the courtroom.
Insolvency Carrier leader investigator Kevin Learn stated: “Tahir Haq overstated his corporate’s turnover via nearly £200,000 to safe the utmost Jump Again mortgage to be had. Our investigation printed he used a few of this cash for private functions, together with bills to a housing scheme in Pakistan.
“The 11-year disqualification and requirement to pay off all of the cash he was once by no means entitled to demonstrates our dedication to preserving administrators financially responsible once they misuse Covid improve schemes.”
Haq was once the only real director of Integral Upkeep Workforce Ltd, which was once arrange in July 2018.
The corporate’s buying and selling was once described on Firms Area as ‘different development crowning glory and completing’ and ‘freight shipping via street’.
Were given a tale? Electronic mail information@theconstructionindex.co.united kingdom
