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Fred Goodwin super-injunction details raised in Lords

Liberal Democrat peer Lord Stoneham has raised details of the super-injunction protecting former Royal Bank of Scotland chief executive Sir Fred Goodwin in the Lords.

Stoneham, who was speaking on behalf of Lord Oakeshott in the House of Lords today, used parliamentary privilege to argue it is in the public’s interest to find out the details of the events that took place in the run-up to RBS’ near-collapse in 2008.

He said: “Every taxpayer has a direct public interest in the events leading up to the collapse of the Royal Bank of Scotland, so how can it be right for a super-injunction to hide the alleged relationship between Sir Fred Goodwin and a senior colleague.

“If true, it would be a serious breach of corporate governance and not even the Financial Services Authority would be allowed to know about it.”

Justice minister Lord McNally replied: “I do not think it is proper for me, from this dispatch box, to comment on individual cases, some of which are before the courts.”

Lib Dem MP John Hemming used parliamentary privilege in March to reveal Goodwin had taken out a super-injunction, but he did not disclose any of the details.

In the high court today Judge Justice Tugrndhat varied the injunction to allow publication of Goodwin’s name but not details of the alleged relationship and the name of the woman said to be involved.

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  1. Julian Stevens 19th May 2011 at 5:11 pm

    What is this “alleged relationship between Sir Fred Goodwin and a senior colleague”? Financial or physical? Is that the centrepiece of this super-injunction?

    Even if the Financial Services Authority did know about it, it probably wouldn’t know what to do with such information.

    Dear, oh dear, it’s all very suspicious goings-on in high places, isn”t it?

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