City grandee slams MPs for Diamond 'character assassination'

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A former director of Barclays has accused the Commons Treasury committee of launching a "completely unacceptable" character assassination of the bank's former chief executive Bob Diamond.

The Treasury committee's 126 page report, released on Saturday, said Diamond had misled parliament in his testimony about the LIBOR rigging scandal. It said Diamond's evidence was "at times highly selective" and "fell well short of the standard that parliament expects". Sir Nigel Rudd, who sat on Barclays board for 13 years, said the committee had not provided sufficient evidence to support the claim, the Sunday Times reports. Rudd told the Sunday Times: “I have never had any doubts about Bob Diamond’s integrity. In my time on the Barclays board I never felt he kept anything from the ot...

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