Tuesday 2 December 2014

Show's how pathetic RBS is 'wanted critic Tomlinson's mortgage back'!

A businessman who wrote a government report that criticised RBS has been told he can no longer remain a customer of the bank, Panorama has learned.

In the 2013 report, Lawrence Tomlinson accused RBS of systematically wrecking viable businesses.
And in 2014, RBS deputy chief executive Chris Sullivan told him he would have to take his mortgage, business and personal accounts to another bank.

http://www.rbs.co.uk/img/logo/logo-rbs-print.png
Unless your Lawrence Tomlinson or an SME that wants to survive

But RBS said the decision had nothing to do with the critical report.

Mr Tomlinson's report accused RBS of using questionable property valuations to artificially downgrade viable businesses.

He said the businesses had then been moved to the bank's Global Restructuring Group (GRG), which had charged extra interest and fees.

RBS denied GRG had treated customers unfairly. It commissioned its own inquiry, which rejected the main allegations in Mr Tomlinson's report.

'Broken down' But last June Mr Sullivan sent an email to Mr Tomlinson telling him to move his mortgage and all his bank accounts.
It said: "In view of your longstanding dissatisfaction with the bank, we have concluded that the required trust between you and the bank has irretrievably broken down. 

Continue reading and watch interview: http://www.bbc.co.uk/news/business-30146247

1 comment:

  1. A businessman who wrote a government report that criticised RBS has been told he can no longer remain a customer of the bank, Panorama has learned. http://www.loanyantra.com

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