{"id":19079,"date":"2023-07-03T13:10:59","date_gmt":"2023-07-03T20:10:59","guid":{"rendered":"https:\/\/essential.construction\/news\/former-carillion-director-banned-for-11-years\/"},"modified":"2023-07-03T13:11:00","modified_gmt":"2023-07-03T20:11:00","slug":"former-carillion-director-banned-for-11-years","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/former-carillion-director-banned-for-11-years\/","title":{"rendered":"Former Carillion director banned for 11 years"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div id=\"post-476471\">\n\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Zafar Khan voluntarily agreed with the disqualification by the Insolvency Service who are also pursuing cases against other former Carillion directors.<\/p>\n<p>A spokesperson said: \u201cThe Insolvency Service, acting on behalf of The Secretary of State for Business and Trade, has accepted a disqualification undertaking from Zafar Iqbal Khan for 11 years for his conduct as a director of Carillion Plc.<\/p>\n<p>\u201cAs the litigation against the remaining directors is ongoing, with a trial set to commence the week of 16 October 2023, the Insolvency Service is unable to comment any further.\u201d<\/p>\n<p>Khan stepped down as Carillion\u2019s finance director after nine months in the job shortly before it collapsed in 2018.<\/p>\n<p>He was fined \u00a3154,400 last year by watchdogs at the Financial Conduct Authority alongside former chief executive officer Richard Howson (\u00a3397,800) and former finance director Richard Adam (\u00a3318,000).<\/p>\n<p>The trio are understood to be appealing against the fines.<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n<div class=\"author-info\">\n<div class=\"sleeve\">\n<div class=\"author-avatar\">\n<div class=\"sleeve\">\n\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p><!-- .author-info -->\t\t\t<\/footer>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.constructionenquirer.com\/2023\/07\/03\/former-carillion-director-banned-for-11-years\/\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zafar Khan voluntarily agreed with the disqualification by the Insolvency Service who are also pursuing cases against other former Carillion &#8230; 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