Banking and Finance: Dismay as £1bn HBOS fraud inquiry enters eighth year

18 Sep 2024 10:23 AM | Anonymous member (Administrator)

Concerns have been raised regarding the inquiry into a £1 billion banking fraud case at HBOS, after it was revealed that evidence is still being received in its eighth year.

Former high court judge Dame Linda Dobbs, who was appointed in 2017 to investigate Lloyds Banking Group’s alleged cover-up of the scam, has been warned by critics that the protracted process benefits alleged perpetrators and prolongs victims’ suffering.

https://www.scottishlegal.com/articles/dismay-as-ps1bn-hbos-fraud-inquiry-enters-eighth-year


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