APW Director, Frederick Uche Achom Convicted at Southwark Crown Court.
Source: Financial Times (August 4 2016)
An entrepreneur once described as “one of the 1,000 most influential Londoners” was spared jail last week for running a fine wine investment company while banned. Frederick Uche Achom, 42 acted as manager of APW Asset Management after he was disqualified from holding UK directorship back in July 2002. He appeared at Southward Crown Court to admit being in breach of his disqualification order and was handed a six-month suspended sentence. Mr Achom must now pay almost £1m of his profits to the court within three months, or face up to five years in prison.
Source: Financial Times (August 4 2016)
An entrepreneur once described as “one of the 1,000 most influential Londoners” was spared jail last week for running a fine wine investment company while banned. Frederick Uche Achom, 42 acted as manager of APW Asset Management after he was disqualified from holding UK directorship back in July 2002. He appeared at Southward Crown Court to admit being in breach of his disqualification order and was handed a six-month suspended sentence. Mr Achom must now pay almost £1m of his profits to the court within three months, or face up to five years in prison.
