Confusion intentions!

Hi I've read some of your stories and realise I am probably not alone, although I am somewhat confusion to my intentions of removing access from daughters father. 

My daughter is 11 months and has been having access alone with her father for a couple of months now, which I have now removed. My reasons for removing the access is I do not trust him so how can I trust him with our daughter.

Reasons for lack of trust. My daughters father has a history of compulsive lying and theft.  He does not have a relationship with anyone from his family because of all the pain and hurt he has caused.  He asked his nan to stand as a guarantor for a car he purchased at the cost of 30K.  He never paid!  His Nan lost her house and now lives in a caravan.  He has also stolen from past girlfriends and his fathers jewellery left by his late mother (his nan).  One ex partner took him to court because he stole from her bank account.  He was made to repay her.  Another girlfriend found her CC pin numbers in his wallet and it transpired that he often took money from her accounts.  When my daughter was born I received a call from a loan company confirming me being a guarantor for his loan application I had no knowledge of - I logged it as fraud (note I own my own property and hold a successful job which I have worked hard to achieve – I have to protect my financial interests).  I then found out that he had been sacked from his job two months prior, for stealing but had kept this from me by getting up in the mornings and going to work…  I would even speak to him during the day and he would have pretend conversations with colleagues whilst I was on the other end of the phone saying he had to go someone from the office was calling him into a meeting.   He was then kicked out of his rented apartment as he couldn’t sustain payments, for 2 months he slept rough and stole food to live!  He now lives in a three bed shared accommodation that a homeless refuge found, which he has to move on from in a year’s time once he has found his feet again.  The list goes on.  But most recently I had my daughter christened and money went missing, of which he had access to.

There are loads more but this is to give you the gist.  My daughters father is quite rightly angry that I have removed access saying it is my hate for him that I am using her to get back for all the pain he has caused.  My reasons are that I do not know him nor do I trust him. 

I must also point out that I fell pregnant VERY quickly into our relationship and all this only transpire after my daughter was born.  Also his excuse for the theft from all his jobs (even though he was paid rather well) was to sustain his drug use (smoking cannabis) of which he tells me he no longer does. 

Firstly I question his mental state, I believe there is a mental health diagnosis that outlines his behaviour.  Secondly I question the effects he may have on my daughter in later life. 

Am I doing the right thing?  Your views / opinions are much appreciated