Concerned Insider
1.6K posts
Concerned Insider
@ConcernedInsid1
Here for one reason and one only. To expose the cynical cover up that is RBS's project Amethyst!
Katılım Mayıs 2019
207 Takip Edilen292 Takipçiler
MPs brand UK financial regulator 'incompetent'
bbc.co.uk/news/articles/…
Me?
I couldn't possibly comment !!
@TheFCA
Ask Andy if he's done his account properly this time !!
English
Thanks to @TransparencyTF @BankConfidenti1 @efgbricklayer and everyone else who helped to make this happen.
English
Incredible news today. The all party parliamentary group has published its report into the FCA. Pride of place is given to its shockingly slow reaction to the project Amethyst scandal unfolding before its very eyes! #CoverUp
DRAFT Call for Evidence Report - PUBLIC
English
@Georgia_Edkins @PressAwardsuk Well done for your work in helping to expose project Shamethyst!!!!
English
I’m so grateful to be nominated in this category, alongside such amazing journalists 🙏 @PressAwardsuk
John Stevens@johnestevens
Delighted to be shortlisted for Political Journalist of the Year at the @PressAwardsuk alongside some top lobby colleagues 🗞️🗞️ @benrileysmith @duncanrobinson @Georgia_Edkins @MoS_Politics @IsabelOakeshott @SamCoatesSky @Steven_Swinford
English
Whatever next, Sir Ian Carter? 😂😂😂
Ian Fraser@Ian_Fraser
So, a knighthood for Stephen Hester. In his time as RBS/NatWest CEO, Hester oversaw the axing of 41,000 staff and, according to insiders, presided over an even more “poisonous” corporate culture than existed under Fred Goodwin [Excerpt from Shredded].
English
@SecretHaggis Would have been better without any of them and being done independently. Pity it took them decades to work that shit out
English
Indeed. Just as bad as the blokes. Our group went directly to her about the project Amethyst scandal, wouldn’t even reply directly to us and then their internal investigation was another cover-up. Several years later they end up having to do it all again, £100m+ down the drain!
ethical business@EthicalDavid
Dame Alison Rose was a ‘great leader’ forced out by politics, says NatWest chairman Sir Howard Davies rubbish she was dishonest lied may times to many bank victim ms who lost their homes ,businesses and even death discussing telegraph.co.uk/business/2023/…
English
She failed to resign over the project Amethyst scandal when they were forced to redo a £100m+ investment review after cheating customers out of fortunes in redress. But close the account of one far right idiot and she’s history.
Makes as much sense as anything else RBS does 😂
Nigel Farage MP@Nigel_Farage
Dame Alison Rose has gone. Others must follow. I hope that this serves as a warning to the banking industry. We need both cultural and legal changes to a system that has unfairly shut down many thousands of innocent people. I will do my best to be their voice.
English
@Ian_Fraser @APPGbanking @premnsikka @atulkshah @RichardJMurphy @Gian_TCatt @kevinhollinrake @labourlewis @GeorgeKerevan @SMEAllianceLtd @LEXLAWuk I can vouch for the sham reviews bit. Not sure which was the better decision - exiting Farage or exiting Ian Carter!
#projectAmethyst
#coverup
English
After all the genuine pain RBS/NatWest has inflicted on customers since 2009—through sham reviews, skewed litigation, signature forgery, regulatory stitch-ups, killing off 16,000+ viable SMEs—it speaks volumes about the UK media that the “exiting” of Farage is the biggest story.
English
@CharlotteCGill Not to mention ‘50% of all school leavers into higher education’>>>> the decline of state funded higher education as it is unaffordable and a load of students coming out with £10,000s of debt and worthless degrees.
English
He’d know best; he set our country up for this.
Under Blair we got:
Mass immigration > today’s housing crisis
Devolution > financial mismanagement and bloated state sector
The Climate Change Committee > energy policy dictated by people who have shares in renewables
Ridge & Frost@RidgeandFrost
"Lots of other countries have similar problems but I think ours are worse". Former PM, Tony Blair, says he is "very worried" about the state of the UK economy, adding that he thinks the UK's economic problems are worse than other countries #Ridge trib.al/dwvcRFT
English
@SmoothRegulator @Ian_Fraser @CarshaltonArt @APPGbanking @jameshurley @premnsikka @andyverity @stevemiddi1 @BankConfidenti1 @bankaudits1 @RNW_MITCHELL @VedantaHedging Really? Not in my experience.
#projectAmethyst
#coverup
English
@Ian_Fraser @CarshaltonArt @APPGbanking @jameshurley @premnsikka @andyverity @stevemiddi1 @BankConfidenti1 @bankaudits1 @RNW_MITCHELL @VedantaHedging Rare that a review is more bent than the misselling!
English
High Court gives permission for judicial review of the financial regulator’s handling of the redress scheme for victims of banks’ widespread mis-selling of interest rate swaps to SMEs ahead of financial crisis. Well done @APPGbanking for securing this.
English
@markbishopuk @acgrayling The woke blob at its finest 😂
English
@acgrayling The people are voting right (not 'far right' - if it's popular, by definition it's mainstream, not on the far end of the spectrum). But the administrative state, academia and media are entrenching metropolitan left views. Democracy under threat. Can't you see it? Don't you care?
English
Look around the world: the far right is in power or gaining ground everywhere, & making common cause. Alarm bells are ringing loud. Progressive alliance here, & rejoining the EU, is an urgent necessity. This is not a drill.
English
@Ian_Fraser Yup - I can attest to all of that! Not to mention sales managers being able to run a review into their own advice and any offer of redress over £1,000 having to be subject to a 'QA' check using a system orchestrated by those same former sales managers.
#projectAmethyst
#Coverup
English
UK regulation is a sick joke. The FCA let banks review their own mis-selling, decide which customers should be in review, decide whether redress was merited and determine how much was owed. Their decisions were then checked by “independent” reviewers that they had appointed #IRHP
LEXLAW | Litigation Solicitors & Barristers London@LEXLAWuk
Our letter to the Swift Review details @theFCA #IRHP Review problems: Conflict of Interests; Unreasonable exclusion of customers; Lengthy delays for ulterior purposes; and Scheme manipulation (i.e. unfair conduct of the Review): lexlaw.co.uk/solicitors-lon… @APPGbanking @Ian_Fraser
English
@Ian_Fraser Should repay the victims of project Shamethyst before they are allowed to start selling shares back!
English
NatWest CEO Alison Rose snaps up £289,000 worth of shares in the bank formerly known as RBS, paying £2.57 per share. The purchase increased her shareholding by 4.8 per cent.
simplywall.st/stocks/gb/bank…
English
English
This is the third Conservative lobbying scandal in little over a week. Rishi Sunak's party is utterly mired in sleaze.
There's no reason why any MP should be a lawmaker and a lobbyist.
Labour will end this practice and clean up politics once and for all.inews.co.uk/news/tory-mp-a…
English
@CarshaltonArt @chrish9070 @stevemiddi1 @DanNeidle @thetimes @biztradegovuk @nickwallis @RichardMoorhead @PaulMar72224296 @TransparencyTF @Ian_Fraser @RBSlielikeadog @BankConfidenti1 @NatWestGroup A past business review of investment advice run by the former sales managers!!!
How would anyone with half a brain think that’s going to end up???
English
![[mine] Art Gallery](https://pbs.twimg.com/profile_images/1140042229958041601/sb9QfHv3.jpg)
@chrish9070 @stevemiddi1 @DanNeidle @thetimes @biztradegovuk @nickwallis @RichardMoorhead @PaulMar72224296 @TransparencyTF @Ian_Fraser @ConcernedInsid1 @RBSlielikeadog @BankConfidenti1 @NatWestGroup Isn’t it despicable how many familiar names keep cropping up when treasury and/or government departments / regulators task state owned entities with reviewing their own misbehaviour and (not) paying full and proper compensation to the victims? 🧐
English
#PostOfficeScandal Excellent from @DanNeidle in @thetimes comments….apologies are no longer acceptable because nothing has changed. Part of the bonus was linked to ‘implemented culture change - achieved’. The board simply must go. Actions not more words @biztradegovuk 👇
English
@RBSlielikeadog @Ian_Fraser @CarshaltonArt @TransparencyTF @stevemiddi1 @BankConfidenti1 @normanlamb @datglynn @Coverup10465125 Oh dear, that says it all! Fuck the victims, protect the perpetrators!
English
@Ian_Fraser @CarshaltonArt @TransparencyTF @stevemiddi1 @BankConfidenti1 @normanlamb @datglynn @ConcernedInsid1 @Coverup10465125 Simon Recalding the former head of the RBS NatWest GRG complaints scheme is heading up the postmasters compensation scheme. He has history of protecting his paymasters at the victims expense
English
@Ian_Fraser @TransparencyTF @stevemiddi1 @BankConfidenti1 @normanlamb @RBSlielikeadog @datglynn
Am I correct in remembering that senior execs at RBS did something very similar for their bonuses over Project Amethyst? Including the rewriting / forging of reports and data sets?
Christopher Head OBE@chrish9070
#PostOfficeScandal Excellent from @DanNeidle in @thetimes comments….apologies are no longer acceptable because nothing has changed. Part of the bonus was linked to ‘implemented culture change - achieved’. The board simply must go. Actions not more words @biztradegovuk 👇
English
@efgbricklayer @CarshaltonArt @nickwallis @RosieHeys @spellar @darrenpjones @kevinhollinrake @TransparencyTF @DanNeidle @carolvorders @premnsikka @Ian_Fraser By the way he ‘delivered’ less than your average postman. He was sacked after one of his own direct subordinates went to his bosses and demanded it as ‘he makes a mess of everything he touches’!
English
@efgbricklayer @CarshaltonArt @nickwallis @RosieHeys @spellar @darrenpjones @kevinhollinrake @TransparencyTF @DanNeidle @carolvorders @premnsikka @Ian_Fraser I don’t know Holian, but he is the muppet who sent the memo around RBS about Carter’s sacking. See below. No such thing as honour among thieves!!! 😂😂😂
English
John @spellar MP raising the same issue raised by @darrenpjones - putting a falsehood in an annual report could constitute a criminal offence and invites @kevinhollinrake to ask the police to get involved. KH suggests due process should take its course.
English