Former Highways England director banned over Covid loan abuse

Anna Daroy has additionally served as Director Basic of the Institute of Administrators and a raft of senior roles throughout all industries.

She was Govt Director of Technique and Planning at Highways England from 2015-17.

In 2020 she secured two maximum-value £50,000 Bounce Again Loans from separate banks for her administration consultancy Globepoint Associates Ltd.

Daroy obtained the £100,000 in mortgage funds inside a five-day interval in Might 2020.

The 61-year-old, of Abbots Morton, Worcestershire, was banned as a director for 11 years earlier this month.

Globepoint Associates Ltd went into liquidation in March 2023, with each Bounce Again Loans excellent.

Kevin Learn, Chief Investigator on the Insolvency Service, stated: “Anna Daroy abused the Bounce Again Mortgage Scheme by acquiring two loans when companies had been entitled to only one. When Daroy realised that her firm had obtained double the sum of money it was allowed, she ought to have repaid one of many loans.

“Bounce Again Loans had been designed to supply important help to struggling companies in the course of the pandemic, to not be exploited by those that didn’t comply with the phrases of the scheme.

“As somebody with such intensive expertise in senior enterprise management roles, Daroy ought to have identified higher than to interrupt the foundations.”

The Secretary of State for Enterprise and Commerce accepted a disqualification enterprise from Daroy, and her ban began this month.

It prevents her from being concerned within the promotion, formation or administration of an organization, with out the permission of the court docket.