A NURSING home boss who ran up losses of nearly £250,000 has been banned from being a director for five years.
Dr Nabil Awadalla Naroz, of Hett Hills, near Chester-le-Street, County Durham, agreed to be disqualified after he ran Derwent Care Ltd.
The business ran the Derwent View Nursing Home in Pickering Nook, Burnopfield, County Durham, which went into liquidation in June last year with no assets and owing £228,327 to creditors. The Insolvency Service found that Dr Naroz failed to get involved in the day-to-day running of the home from 1997 onwards, even though he was a director with a controlling majority of the shares in Derwent.
He also failed to take steps to minimise losses
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