Robert Clarke, chief investigator for the Insolvency Service, said the couple had “should have known what was expected of them as directors”A couple have been banned from running a company for six years after £2.4 million went missing from their double glazing firm before it went bust. Gary Fieldman, 58, and his wife Hagit, 54, were directors of First for Windows, which traded as Dalmatian Windows, before it went out of business with the loss of dozens of jobs. SponsoredThe Insolvency Service began an investigation after the company, based in East Kilbride, South Lanarkshire, was placed into liquidation for failing to pay its tax bills in 2019. Their investigators unearthed that £2,407,456 had been spent from the company bank accounts and was unaccounted for. The liquidator was not able to verify any of the payments or estimates because both directors had failed to preserve or deliver

Source: The Times August 03, 2021 22:41 UTC