MPs attacked over Diamond comments
Aug 20 2012
Former Barclays deputy chairman Sir Nigel Rudd has slammed MPs for a "completely unacceptable" attack on the bank's embattled ex-boss Bob Diamond, it was reported.
Mr Rudd told The Sunday Times that the Treasury Select Committee failed to provide sufficient evidence to back up its claims that Mr Diamond misled Parliament in hearings over the bank's rate-rigging scandal.
The comments come after initial findings of the Committee's probe into the Libor fixing scandal, which concluded Mr Diamond had been "highly selective" in his evidence to MPs, came out on Saturday.
The report said Mr Diamond's evidence on the Libor fixing scandal had fallen well short of the standards expected by Parliament. But Mr Rudd - who spent 13 years on the Barclays board and is now chairman of airports operator BAA - said the accusations were an unfounded character assassination.
In an interview with The Sunday Times, Mr Rudd said: "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 other directors, or gave anything other than an open and honest account of himself.
"It is one thing to attack a man's judgment or his decisions. It is quite another to attack his integrity. I don't believe there is any evidence that he misled Parliament; he genuinely did not know the answers to the questions that were put to him."
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