Kamil Ozkan, who used to be the only director of Papa Peterlee Restricted, buying and selling as Martino’s Italian Kitchen, in York Highway, Peterlee, is now banned from operating companies for 6 years.
Investigators came upon that Papa Peterlee Restricted effectively gained a £50,000 Leap Again Mortgage as a part of the Govt’s enhance programs for industry following the outbreak of the coronavirus disaster in 2020.
However, as a substitute of the usage of the mortgage for the industrial advantage of the corporate, £37,500 used to be diverted to his private account.
The switch used to be simplest came upon after the industry went into liquidation and an investigation used to be introduced by way of the Insolvency Provider.
The carrier has now showed that Ozkan, who’s from West Rainton, close to Durham Town, is one in all 3 males to be banned from operating companies in the newest spherical of national disqualifications.
The 3 restaurateurs are actually banned from immediately or not directly turning into concerned within the promotion, formation or control of an organization with out the permission of a courtroom.
Mike Smith, the manager investigator for the Insolvency Provider, stated “Covid enhance schemes supplied a lifeline to companies” whilst additionally protective jobs and that Ozkan “flagrantly abused that enhance”.
Mr Smith added: “The 3 restaurateurs have now been got rid of from the company area and collectors will likely be safe from any more hurt.
“Their bans obviously reveal that we will be able to now not hesitate to do so towards administrators who’ve abused Covid-19 monetary enhance like this.”
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