Lawrence Tomlinson, whose report in 2013 alleged the bank wrecked small businesses in pursuit of profit, calls on the FCA to publish its report
Next month it will be the third anniversary of the publication of my report into banks’ treatment of small and medium sized businesses. The main findings of my report related to the Royal Bank of Scotland’s turnaround division, global restructuring group (GRG). For those not familiar with the Tomlinson report, I concluded that GRG was not only preventing customers from returning to health but were taking excessive fees and getting hold of businesses’ assets in the process. [The bank has denied these allegations].
Earlier this week, BuzzFeed News and BBC Newsnight released shocking leaked documents that appear to provide proof to back up my findings. When Heidi Blake, a tenacious reporter from BuzzFeed News, first approached me with the documents I was hit by a mix of emotion – was I surprised by the content of the documentation? No. Was I surprised to see it in a written form after three years of denials from the bank? Yes.
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Source: Guardian