Former Barclays CEO Faces Criticism for Withholding Evidence in Libor Scandal Hearing 🏦
British MPs condemn ex-Barclays chief for providing selective testimony during the Libor rate investigation, raising questions about transparency and accountability.
Al Jazeera English
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Aug 19, 2012 • 2:07
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The former Barclays bank chief has been criticised by British parliamentarians for giving "highly selective" evidence during a hearing into the Libor rate fixing scandal.<br /><br />Public trust in the banking industry in the UK is at an all-time low following the manipulation of a key lending rate, according to a parliamentarian committee report.<br /><br />The report called for urgent action in a number of areas.<br /><br />Al Jazeera's Peter Sharp reports from London.
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