What Was Former RBS CEO Fred Goodwin Doing While The Bank Was Burning To The Ground?

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A senior staffer, allegedly, which he preferred no one know about. Making this slightly awkward.

Former Royal Bank of Scotland Group Plc Chief Executive Officer Fred Goodwin obtained an injunction to keep the media from reporting allegations that he had a “relationship” with a senior colleague, a U.K. lawmaker said during a public hearing in Parliament today.

“Every tax payer has a direct public interest in the events leading up to the collapse of the Royal Bank of Scotland, so how can it be right for a super-injunction to hide the alleged relationship between Sir Fred Goodwin and a senior colleague?” Ben Stoneham asked. “If true, it would be a serious breach of corporate governance and not even the Financial Services Authority would be allowed to know about it.”

[Bloomberg]

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