A HAULAGE boss made more than £9m running three transport businesses while flouting a ban on being a company director.

But only one per cent of that figure will be recovered from Gordon Glendinning, 57.

He was jailed for four months at Durham Crown Court in April last year for contravening an undertaking not to act as a company director.

But the lifelong haulier was back in court yesterday, where Judge John Evans ruled that despite him making an estimated £9,738,230 from his business activities flouting the ban, his assets are now only £97,698.

Judge Evans ordered that the money should be surrendered within a year by Glendinning, who was said to have an interest in three properties.

Making his ruling at Newcastle Crown Court, Judge Evans, who has handled the case throughout, warned Glendinning that if the money was not paid within 12 months, he faces two years behind bars.

The money will come from the sale of his family home, the only property not now said to be in negative equity.

Glendinning’s pledge not to act as a company director was made following the downfall of his original business, with debts of £738,649.

Durham Fuels, of Finchale Road, Durham, was wound up after it went into liquidation in March 2001.

Later that year, Glendinning, of Long Garth, Whitesmocks, Durham, agreed to be banned from acting as a company director for seven years.

He was given leave to act as director of another company, WA Glendinning, but only for 12 months, from October that year.

It was later extended to April 2003, on the basis that he receive supervision from a chartered accountant “mentor”.

An accountant was identified, but during the entire period was never consulted by Glendinning.

That business was wound up and taken over by Minecourt Finance, which, in turn, went into liquidation in January 2005 with debts of more than £450,000.

Meanwhile, Glendinning Transport, incorporated as a limited company in September 2004, went into liquidation with £52,500 worth of debts by July 2006.

Roger Moore, prosecuting, told the previous hearing: “Although disqualified, he operated as a director of three companies between November 2001 and July 2006, and all three collapsed.”

Glendinning admitted three charges of contravening a disqualification as a company director, brought by the Government.