Press release

Glasgow property tycoon and son banned as a directors for 10-and-a-half years

Thomas Coakley and Ronald Coakley, directors of property company ST Vincent Street (491) Ltd (SVS), have been disqualified from acting directors for 7 and 3-and-a-half years respectively for failing to ensure SVS complied with its statutory obligations to HMRC and tenants and for payments made to the benefit of a family member at a time the company was insolvent.