26 March 2009

Myners changes his story

The truth is slowing seeping out of Myners on what he know when about Goodwin’s pension.  In a letter to John McFall, the chairman of the Treasury committee, he now admits that he did know the size of Goodwin’s pension:

The following evening (Oct 12) I was telephoned by a director of RBS, Mr Robert Scott, and during the course of that conversation was told of the then estimated transfer value of Sir Fred’s pension.

This is of course at variance to what he said last week during his verbal evidence to the Treasury committee.

All that is needed now is the letter from Sir Tom McKillop, the former chairman of Royal Bank of Scotland, which should explode in McFall’s face on Friday.

It looks like Myners will be packing his bags over the weekend.

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