December 2017
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Is Fred Goodwin a fraudster?

In 2005, I received evidence that ‘Sir’ Fred Goodwin might have committed a major fraud (hundreds of millions of pounds). I passed this on to the SFO and the Bank of England and suggested, as politely as I could, that Sir Fred Goodwin was not a fit person to run a bank. In spite of conversations with senior people at both the SFO and the Bank of Engand, my concerns were ignored.

The British taxpayer would be a lot wealthier today if the bigwigs had bothered looking at the evidence I offered them.

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