Tuesday, 31 March 2009

The end for Myers?

The final nail in the coffin of Lord Myers may well have been delivered this afternoon in front of the Treasury committee.

Already under pressure over what he knew and did not know about Sir Fred Goodwin's termination package and allegations of interests in off shore banking companies,the minister now faces call for his head after a letter published by Sir Tom McKillon suggested that he was well aware of what was agreed with the former RBS chairman.

The letter said that

evidence given by Lord Myners to the committee needed "clarification" and insisted the minister was told last October that the pension pot would be increased as a result of Sir Fred's early retirement.


whereas Myers told the committee last month that he had no idea of the size of the pension pot.

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