The previous director of collapsed vitality provider Further Power Provide Ltd, has obtained a six-year director ban.
The Birmingham-based agency, which served roughly 130,000 households and companies, went into administration in December 2018, amid an ongoing investigation by vitality regulator Ofgem for alleged regulatory breaches.
Ofgem expressed fear over prospects dealing with unexpectedly giant payments, with indications that each quarterly and last payments weren’t issued as proof steered and buyer complaints weren’t promptly addressed.
Furthermore, Further Power Provide Ltd failed to satisfy its £28.5 million obligations to Ofgem’s Renewables Obligation and Feed-in Tariff schemes.
Elizabeth Pigney, Chief Investigator for the Insolvency Service, stated: “Mordechay Ben-Moshe’s disregard for vitality market guidelines and rules prompted misery to prospects who had been left with payments they couldn’t afford to pay.
“Some had been left with out solutions on account of a complaints dealing with service that wasn’t match for function, which solely added to their stress.
“This isn’t acceptable behaviour for any firm director and because of this he can’t be concerned within the promotion, formation or administration of an organization within the UK for six years.”
Cathryn Scott, Regulatory Director for Ofgem, stated: “Defending shoppers is our prime precedence, and when considerations had been raised about Further Power Provide’s remedy of shoppers, Ofgem investigated, and located robust proof that individuals had been being shocked with large vitality payments and their complaints weren’t being dealt with to a suitable normal.
“Ofgem has supported the Insolvency Service to bar this director from the business, which sends a robust message that this sort of behaviour is not going to be tolerated.”
