Former Carillion director banned for 11 years
The former finance chief of Carillion has been banned from being a company director for 11 years.
Zafar Khan has been hit with the ban by the Insolvency Service.
A spokesperson said: “The 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.
“As 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.”
Khan was fined £154,400 last year by watchdogs at the Financial Conduct Authority alongside former chief executive officer Richard Howson (£397,800) and former finance director Richard Adam (£318,000).
The trio are understood to be appealing against the fines.