Financial News

  • 12 July 2012, 9:18

Diamond Accuses Tyrie Of Attacking Reputation

Bob Diamond has angrily rejected suggestions that he misled MPs over regulators' concerns about activities at Barclays.

The bank's former boss said the claims were "totally unfair and unfounded" - and indicated he was ready to appear before the Commons Treasury Select Committee again to defend his reputation.

The rejection of the claims came in a letter sent following an evidence session with Barclays chairman Marcus Agius.

"Having watched the committee's session today I was dismayed that you and some of your fellow committee members appeared to suggest that I was less than candid with the committee last week," he wrote.

"Any such suggestion would be totally unfair and unfounded."

However, speaking to Sky's Jeff Randall, the committee's chairman Andrew Tyrie stuck to his guns, questioning Mr Diamond's honesty on the day of the grilling.

He said: "We felt he had been economical with the truth and we had difficulty getting to the bottom of some of the questions we asked him.

"I still feel that on a good number of issues we did not get to the bottom of where we should have done."

what do you think?

4 comments

Davefly Theuniuonflagbrown

7:01pm on 10/7/2012

Now what does banker rhyme with again?

Score: 6

John Poole

7:34pm on 10/7/2012

More pants on fire!!

Score: 5

Stephen Deal

6:30am on 11/7/2012

An MP accusing a banker of lying!!!! Both groups are responsible for destroying this country, and both groups are like rats deserting a sinking ships.

Score: 1

Stuart Harley

11:23am on 11/7/2012

..IM OFF TO FIDDLE MY EXPENSES !!!!!!!!!!!!1

Score: 1
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