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Decisions taken by RBS management will cast a cloud over economy for years to come

December 2, 2010 5:58 PM
Originally published by Scottish Liberal Democrats

Commenting on the news that former RBS Chief Executive Fred Goodwin has been cleared of any wrongdoing by the UK's financial regulator, Liberal Democrat Finance spokesperson Jeremy Purvis MSP said:

"Businesses the length and breadth of Scotland who are still struggling to secure finance will be angered by what they probably consider to be a white wash.

"Catastrophic decisions taken by the previous Royal Bank of Scotland management will cast a cloud over the economy for years to come."

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