PracticeConsultingDTI hotline helps nab ‘dodgy’ directors

DTI hotline helps nab 'dodgy' directors

The Department of Trade and Industry has said tips from the public from its 'defiant directors hotline' has helped the insolvency service prosecute 12 'dodgy' company directors.

Consumer affairs minister Kim Howells said the hotline had been a great help in catching up with directors: ‘Over 2300 calls have been take by the hotline since it started in January 1998 and nearly one in three of those callers has provided information which led to an investigation.’

A DTI spokeperson said the the phone line enabled anyone to inform the DTI where they knew of someone ‘acting as a director and going against their ban’.

‘If you start acting as a director it’s contempt of court,’ she explained. Once a director is disqualified they are not allowed to continue acting as directors for a period of time depending on the reason for disqualification.

The line allows the caller to remain anonymous, although this can make it difficult to prosecute.

‘We don’t actively advertise the hotline as anonymous because you have to leave your name and number and a lot of the time we rely on people for evidence in the case against the director,’ said the spokesperson adding that the person giving the tip-off is never forced to give evidence.

Last year, the DTI disqualified a record 1,500 directors and is currently in proceedings against a further 1,593.

Links

Record numbers of dodgy directors banned

Insolvency Service Disqualified Directors Hotline

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

3m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

9m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

10m Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

11m Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

11m Stephanie Wix, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

10m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

10m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

10m Kevin Reed, Writer