Ex-HBOS bosses knew about £1bn fraud threat - sources

A dossier of evidence to support the claims  has been handed by the police to the Crown Prosecution Service (CPS), the Sunday Herald reports. The dossier of 50 letters has also been sent to FSA chief executive Hector Sants, Treasury Select Committee chairman Andrew Tyrie, other members of the parliamentary committee, and to business secretary Vince Cable, according to police sources. Addressees of the letters are thought to include HBOS directors who were allegedly alerted to the fraud fears by directors of “victimised” corporate customers during 2007 but failed to investigate the cla...