So Treasury civil servants were kept informed, or even directing, all seizures of business customers' property assets by West Register, the property company owned by RBS?
From page 97 of Ben Deacon's RBS GRG West Register (GB) Policy & Procedures Manual, April 2011.
From page 97 of Ben Deacon's RBS GRG West Register (GB) Policy & Procedures Manual, April 2011.
The Asset Protection Agency, accused of forcing RBS to be heavy-handed with business customers, was an arm of HMT and reported to Chancellor of the Exchequer @George_Osborne. These were the people on its board at the time it was disbanded in Oct 2012 https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/229293/0120.pdf
so Asset Protection Agency directors experience:-
Jack Caouette (APA chair) - Citi
Hamish Buckland - JPMorgan, now CVC chair
Mridul Hegde - HMT, now HSBC
Elizabeth Dymond - PwC, 3i and HMT
Bill Dickinson - ??
Ion Dagtoglou - Goldman Sachs
Stephan Wilcke - Cairn Capital. Apax
Jack Caouette (APA chair) - Citi
Hamish Buckland - JPMorgan, now CVC chair
Mridul Hegde - HMT, now HSBC
Elizabeth Dymond - PwC, 3i and HMT
Bill Dickinson - ??
Ion Dagtoglou - Goldman Sachs
Stephan Wilcke - Cairn Capital. Apax
Massive twist in the RBS GRG tale puts govt, via H.M. Treasury right at the heart of the UK's biggest scandal since the financial crisis. via @FinRegMatters https://medium.com/financial-regulation-matters/the-conflation-of-business-and-politics-an-update-on-the-rbs-global-restructuring-group-2e8b89f7ed8e
'Ransacked': Expert slams UK Treasury involvement in asset-stripping RBS customers. https://www.commonspace.scot/articles/13791/ransacked-expert-slams-uk-treasury-involvement-asset-stripping-rbs-customers << thanks for quoting me @David_Jamieson7
Yes, REMIT is central to West Register's entire approach. The Real Estate Mgmt Information Tool is massive database with all details/valuations of customer properties whether already taken by WR or in 'pipeline' (eyed up in GRG or RBS/NatWest good bank https://twitter.com/efgbricklayer/status/1090915179284647936
Under George Osborne, H.M. Treasury was intimately involved in aggressive push for RBS to seize assets from businesses, court documents reveal. via @davidprosserind https://www.forbes.com/sites/davidprosser/2019/01/31/now-the-rbs-scandal-taints-government/
''Huge concern'' about UK Treasury's alleged hands-on involvement in RBS's systematic and widespread plunder and asset-stripping of UK businesses. @kevinhollinrake @APPGbanking https://www.telegraph.co.uk/business/2019/01/31/tory-mp-hugely-concerned-treasury-links-rbs-turnaround-unit/