Ex-RBS CEO said 'effectively lied' to get job

Embellished his CV ?

Banker Fred 'The Shred' Goodwin should never have risen to the top of the industry – because he 'effectively lied' to land his first executive job, a book claims.

The Daily Record reports that finance journalist Ian Fraser alleges that disgraced Goodwin, 55, exaggerated about his role in the liquidation of the Bank of Credit and Commerce International (BCCI) and might not otherwise have been offered top jobs at the Clydesdale Bank and later, at RBS.

Goodwin, from Paisley, was the youngest-ever partner of accountancy giants Deloitte when he was involved in the 1991 liquidation.

While six of his colleagues were appointed liquidators, and told to retrieve as much money as possible, Fraser claims Goodwin’s role was only to run the operation’s office.

The book says: 'Fred Goodwin effectively lied about, or certainly embellished, his CV.

'He did not ‘lead’ nor was he ever officially styled ‘chief operating officer’ of the worldwide liquidation of BCCI, as he claimed.

To access the complete Daily Record article hit the link below:

Revealed: How Shamed RBS chief Fred Goodwin lied to land first top job at Clydesdale Bank 

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