Rambler row tycoon told tokeepout boardrooms
Tycoon Euan Snowie has been banned from holding office as a director of any limited company for nine years.
A court heard he had knowingly shifted thousands of pounds worth of assets from a failing lorry business he ran – to the disadvantage of the firm’s creditors – and was still refusing to hand them over.
Mr Snowie’s truck rental and servicing business, Ochil Services Ltd, went into liquidation in March 2016.
Stirling Sheriff Court heard that only days after it was in administration, Mr Snowie transferred all its remaining assets – vehicles and machinery worth more than £161,000 – to his agricultural contracting business.
Solicitor Fiona Tosh, acting for the Secretary of State for Business, said Mr Snowie, 50, had shown he was “not a fit and proper person” to hold any office in any limited company.
Last month The Sunday Post revealed how Snowie, who once tried to lock ramblers out of his 70-acre Boquhan estate, near Stirling, is now battling to avoid an eviction of his own.
Mr Snowie, whose family made a fortune during the foot and mouth crisis, was not in court.
But Sheriff David Mackie granted the disqualification decree in his absence.