‘SKINT’ KATIE FACES RAP ON LAVISH HOLS
Bankrupt star supposed to be paying off her creditors
‘HARD-UP’ Katie Price is being investigated over fears she has been splashing out on expensive holidays and designer goods, rather than paying off her debts.
The former glamour model has enjoyed six luxury breaks since being declared bankrupt last November.
And the 42-year-old is even due to hold a Zoom meeting about the state of her finances from the Maldives, where she is on holiday.
Liquidators for Jordan Trading Limited – her failed firm which has amassed debts of £267,769 – now fear she is a financial risk to her creditors.
Official documents for the firm said: “The liquidators confirm they have submitted a report on the conduct of the directors of the company to the Department for Business, Energy and Industrial Strategy.” Government officials are thought to have written to Ms Price to confirm they were probing her affairs.
The mum- of- five was due to be discharged from her bankruptcy in
November. Until then, she is supposed to pay any money she makes from work or selling belongings to her creditors.
Officials could extend her bankruptcy to recover assets and even ban her from becoming a company director for 15 years. Since November, Ms Price has jetted off to Thailand, Spain, France and Turkey and also enjoyed a cabin getaway with her boyfriend, Carl Woods, 31. In July, she told a bankruptcy hearing that she had been burgled, couldn’t get insurance, had a “bad breakdown” last year and spent five weeks at the Priory. Ms Price said: “I haven’t got anything left. Everything has been stolen off me.” Her representative said yesterday: “Katie has been fully compliant throughout the bankruptcy process.” A source close to Ms Price said the bankruptcy proceedings were unrelated to the dissolving of Jordan Trading Limited.