The FSA's report into the failures at RBS is being delayed by a legal offensive led by former directors of the bailed-out lender, including ex-boss Sir Fred Goodwin.
The Financial Services Authority (FSA) was due to report its finding after its investigation into the 2008 implosion of RBS by the middle of April. However, the watchdog has found itself embroiled in a legal dispute as former executives seek to deflect criticism of their roles in the bank’s demise, sources told The Daily Mail.
Government plans to break up the Serious Fraud Office have been labelled ‘a wholly unwise and dangerous move’ that will only benefit criminals. MORE…
