The former head of Revenue and Customs (HMRC) took into account potential embarrassment to George Osborne when letting off Goldman Sachs from paying up to £20m in interest payments, a judge has concluded.
A deal worth at least £10m between banking giant Goldman Sachs and the head of HM Revenue and Customs is set to be challenged in the high court on Wednesday by tax-avoidance campaign group, UK Uncut Legal Action.
Her Majesty's Revenue and Customs will be forced to defend itself in court against allegations that it gave one of the world's most profitable banks a sweetheart deal on the repayment of unpaid taxes worth up to £20m.
The first steps have been taken in an innovative legal action by campaigners to try to recoup £10m in tax from Goldman Sachs.
London - UK Uncut were at Canary Wharf Tuesday protesting about bankers being the root of all evil and all that.