Business secretary Vince Cable could take action against Fred Goodwin and a small number of former Royal Bank of Scotland (RBS) directors over the bank's collapse.
The Sunday Telegraph reports Cable will pursue the former bankers by disqualifying them from sitting on company boards. The paper understands a detailed legal report commissioned by the business secretary found there was "prosecutable evidence" which can be used to bring about the disqualifications. The report has been passed to Cable in recent weeks. Alongside Goodwin, former head of RBS's investment bank Johnny Cameron and a few other directors could be targeted. The Telegraph said disqualifications can be brought through the courts - which is thought to be more likely - o...
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