Travel boss banned for 15 years

By May 14, 2013Insolvency

The director of a holiday company has received a 15-year director disqualification – the maximum length of disqualification – following an investigation by the Insolvency Service.

Abdulkadir Aydin, director of Goldtrail Travel Limited, was banned for gross mismanagement of company affairs.

David Brooks, a chief examiner for the Insolvency Service, said: “It is unacceptable that company directors should seek to put their own financial interests above their duty to the company and its customers who have handed over their hard-earned money to pay for their holidays.”

Goldtrail went into administration in July 2010, with debts of approximately £2,324,000. Over 23,000 holidaymakers were stranded abroad and 110,000 prospective holidays were also cancelled as a result.

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