Insolvency Service – 2021 Statement on Muneef Ihsan and Mahir Towid Ul Haque over Bounceback Loan Fraud

The statement made by the Insolvency Service on 15 November 2021.

Abuse of Covid-19 support schemes, which have provided essential financial assistance to millions by helping businesses trade during the pandemic and protecting jobs, cannot be tolerated.

The Insolvency Service has sent out a clear message that where a company is being used to facilitate fraudulent activity, action will be taken to remove the directors from the corporate arena for a lengthy period of time.

Muneef Ihsan is from Rotherham and his date of birth is November 1996.

Mahir Towid Ul Haque is from Rotherham, and his date of birth is January 2000.