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Documents show UK govt was “in charge not just of the overall strategy of RBS GRG but also of decision-making on a day-to-day basis” via @jameshurley thetimes.co.uk/article/govern…
It's little wonder RBS and the FCA have been so desperate to sweep the heinous #GRG heist under the carpet 😮 bbc.co.uk/news/business-…
in an email exchange covering Oliver Morley's attempts to save his warehousing business from @RBS GRG's clutches, GRG staff said "the borrower is toast". In another they said they were looking forward to "the Morley massacre". Great work by @andyverity bbc.co.uk/news/business-…
Interestingly the govt's Asset Protection Scheme, managed by the APS (accused of urging RBS to be even tougher on SMEs) was the brainchild of Credit Suisse bankers
-James Leigh-Pemberton, who later chaired UKFI
-Ewen Stevenson, later RBS CFO
-Sebastian Grigg, friend David Cameron
-James Leigh-Pemberton, who later chaired UKFI
-Ewen Stevenson, later RBS CFO
-Sebastian Grigg, friend David Cameron
This 101-page RBS GRG West Register Policy & Procedures Manual, written by Ben Deacon, made clear on page six that the UK govt's Asset Protection Agency was in the driving seat, and that "Chinese Walls" between GRG and WR were a sham documentcloud.org/documents/3127… 
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 assets.publishing.service.gov.uk/government/upl…
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 medium.com/financial-regu…
'Ransacked': Expert slams UK Treasury involvement in asset-stripping RBS customers. commonspace.scot/articles/13791… << 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
Under George Osborne, H.M. Treasury was intimately involved in aggressive push for RBS to seize assets from businesses, court documents reveal. via @davidprosserind forbes.com/sites/davidpro…
''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 telegraph.co.uk/business/2019/…
Financial Conduct Authority plunged into the centre of RBS global restructuring group scandal via @wturvill thisismoney.co.uk/money/news/art…
List of the people who ran the govt's Asset Protection Agency, which was “in charge not just of the overall strategy of RBS GRG but also of decision-making on a day-to-day basis” Source: APA's 2009-10 Annual Report
