Press release

Director banned for £5m VAT failings as company piled up £43m debts

David Charles Allen (62) of Dubai, United Arab Emirates, has given an undertaking not to act as a director of a company for a period of 11 years from 5 June 2015 after an Insolvency Service investigation found he breached his position of trust by knowingly instructing the submission of a VAT return which was under-declared by £5millon.