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Crackdown on horrible bosses as banning orders jump
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Crackdown on horrible bosses as banning orders jump
The number of disqualification orders made against criminal company directors in Great Britain has jumped 83 per cent in a year, a new study shows. Accountancy firm Moore Stephens has compiled research which shows that director disqualification orders increased year on year from 65 to 119, in 12 months to March 31 2015. The criminal behaviour of these rogue directors included fraud and falsification of records and acting as a director while disqualified. Moore Stephens said that the Insolvency Service, which leads investigations and take an action against miscreant directors, has seen its budget cut in recent years. This had prompted fears that such directors could go unpunished for serious offences. The organisation has laid off more than a third of its workforce in recent years, going from 3,200 staff to 2,000......Read more hereTags: None
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