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Watchdog considers Goodwin knighthood

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Published Date: 10 May 2009
AN HONOURS watchdog is to consider whether it should act to strip former Royal Bank of Scotland boss Sir Fred Goodwin, below, of his knighthood.
Cabinet Secretary Sir Gus O'Donnell said the Forfeiture Committee would "look at" the situation in relation to the former chief executive.

But in a letter to Labour backbencher Gordon Prentice, he stressed that the committee usually only responde
d to "judgments by the courts or by the appropriate regulatory or other professional bodies".

"I will, of course, put the points you have made to the Forfeiture Committee, which will look at them against the background I have sketched out above and decide whether any action on its part is appropriate," he said.

Dozens of Labour MPs have called for Sir Fred to lose his title, amid anger over his handling of the bank and his £700,000-a-year pension.

Prentice said: "Sir Gus tells me forfeiture normally follows a finding of guilt by a regulatory, judicial or other competent authority on the basis of evidence put to it.

"Sir Fred was the central figure in the collapse of a major Scottish institution.

"In these circumstances, retaining a knighthood awarded 'for services to banking' strikes me as bizarre."

Sir Gus wrote that the Forfeiture Committee "does not have a role in supervising or monitoring the subsequent activities of all those who have been granted honours by the State".

He said in previous forfeiture cases there had been a "clear determination of guilt by the appropriate regulatory, judicial or other competent authority on the basis of evidence put to it".





The full article contains 267 words and appears in Scotland On Sunday newspaper.
Page 1 of 1

  • Last Updated: 09 May 2009 7:14 PM
  • Source: Scotland On Sunday
  • Location: Scotland
  • Related Topics: Royal Bank of Scotland
 
1

,

10/05/2009 00:30:22
Comment Removed By Administrator
Reason:
2

GONNYNODEATHAT,

Glasgow 10/05/2009 02:36:58
How much out of the Trough has these NUMPTIES Taken !!
3

GONNYNODEATHAT,

10/05/2009 02:39:27
These COWARDS on this Committee are not considering ALL the others. Lots more should be Named and Shamed. This Committee is CORRUPT.
4

Colin B,

Bearsden 10/05/2009 04:17:09
Lets not stop with Goodwin0 Lord Watson, Lord Boyd and many ohter Labour dafties should also be stripped of honours as should Gus O Donnell and Muir Russell hopless civil servants
5

ConnorD,

10/05/2009 10:01:06
Whatever else may be true, Goodwin has not committed a crime. Archer, Watson and others have! Why not start with them?
6

alanh,

ek 10/05/2009 11:52:36
and will the titles of our disgraced politicians like Watson. Archer and the "lady" that has been claiming for her second home expenses for an empty flat?
7

Why Are 400,000 Leaving The UK Each Year ?,

10/05/2009 18:48:15

#7,

Sorry Daniel, but you are off the mark.

So what was the "Cash For Honours" investigation all about, if not cash for honours :@)

Are you aware of the ridiculously high percentage of knights and lords have coincidentally been avid cash donors to political parties???

You might think so, but I couldn't possibly comment as the late, great Ian Richardson once said.
8

Alternative (High Octane) Fuel Head,

Edinburgh 10/05/2009 22:34:42
"Dozens of Labour MPs have called for Sir Fred to lose his title, amid anger over his handling of the bank and his £700,000-a-year pension"

Says it all really doesn't it?

By the same token, Brown and Blair should not be honoured, and Mandelson should loose his peerage. Those three have done far more harm than Goodwin would ever have dreamed of.

 

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