Lord Oakeshott is interested in the bakground to Goodwin\’s super-injunction. You know, the one that says that we\’re definitely not to refer to him as a banker?
Lord Oakeshott’s question asks whether the events covered by the order took place while Sir Fred was chief executive of RBS.
He asks whether they might then be disclosed to the Financial Service Authority, the City watchdog, which is looking into the run-up to the bank needing a bail-out.
\”Sir Fred Goodwin\’s private life is not of public interest,\” it says.
\”But if the super–injunction were to be revealed to cover up a failing of corporate governance at RBS it would be of enormous interest to every taxpayer in Britain, the people who had to pay for the bail-out.”
Well indeed. Who or what Sir Fred might or might not had a legover with is, while of interest to the public not particularly in the public interest.
However, the coprorate governance of the bank is of huge public interest. So the relationship between the CEO and the various risk management officers is something that we would all like to see explored.