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Engagements

Part of Oral Answers to Questions — Prime Minister – in the House of Commons on 22nd May 2019.

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Photo of Kevin Hollinrake Kevin Hollinrake Conservative, Thirsk and Malton

When Sally Masterton discovered a £1 billion fraud at Lloyds, the bank sought to discredit her to the regulator, constructively dismissed her and prevented her from working with the police investigation, which had described her role as vital. Five years later, the bank apologised and paid an undisclosed amount in compensation, yet the Financial Conduct Authority continues to refuse to investigate. Will the Prime Minister use her powers to compel it to do so and to sanction those responsible, including, if relevant, the chief executive for those five years, António Horta-Osório?