Ban for Northern Ireland development firm's director
The director of a company that developed a major hotel in Belfast's Cathedral Quarter has been banned from the boardroom for six years after the firm racked up debts of £2.1m.
The undertaking was received from Paul Robert Durnien (58) of Shore Road, Newtownabbey over his conduct as a director of Corner Blok Limited.
Corner Blok restored a building on the corner of Waring Street and Donegall Street to create the Four Corners Hotel, which opened in 2008.
The company entered administration in 2011 with debts of £2.15m.
DfE said Mr Conn had accepted instances of misconduct including causing and permitting the company to retain just over £980,000 in VAT.
He also obtained a loan, of which just over £0.5m remained unpaid at the date of administration.
Mr Conn also accepted that he had failed to "maintain and/or preserve and/or deliver up accounting records for the company from December 31, 2008 to the date of administration".
In 2017, another Corner Blok director, Colin John Conn (54), was also banned for six years.