August 27, 2009

Allan Ludlow, who was banned from being a company director following the receivership of his company National Finance 2000 three years ago, may go to work for his son's new company Jetfinance Limited, he said yesterday.Companies Office records show that Jetfinance was incorporated last week and Thomas Allan Ludlow is the sole director and shareholder.

When the Business Herald rang the contact number, Allan Ludlow answered and confirmed it was his son Thomas Ludlow who had incorporated Jetfinance. Ludlow said he was mindful of the ban on him running or managing a company for the next four years. "I may well end up working for Jetfinance in some role, but as far as being a director goes, no.