• Text size
  • Send this article to a friend
  • Print this article

Two former Farepak bosses banned from holding director posts

TWO of the bosses behind the collapsed Christmas savings club, Farepak, have been banned from holding posts as company directors, the Sunday Herald can reveal.

Former Farepak chairman Sir Clive Thompson will appear in court in May and, right, Lanarkshire victims of the collapsed firm
Former Farepak chairman Sir Clive Thompson will appear in court in May and, right, Lanarkshire victims of the collapsed firm

Joanne Ponting and Stephen Hicks agreed to disqualifications of between two and three years after they were accused of being "unfit" to run a firm. Seven other directors are due before the courts in the spring.