...777 may have somehow got past the PL's "Disqualifying Events" hurdle...
If you can't be arsed reading it, then the summary is that the PL
can "reject" them via their Disqualifying Events, however, the second part of their checks aren't "final and determinative" as the Disqualifying Events are.
The even shorter summary: the PL can't say "No, never" - the applicant can keep reapplying until they satisfy the PL's conditions.
The bottom line: 777 or Moshiri needs to pull the plug, the PL can't.