Bank of England governor Mark Carney has said Lloyds staff involved in an astonishing scam to defraud taxpayers could be guilty of ‘criminal conduct’. Lloyds was yesterday discovered to have ripped off the Treasury at the height of the financial crisis by lying about its creditworthiness. This allowed the state-backed bank to gain access to tens of billions from a Government ‘lifeline’ scheme at favourable rates – but left taxpayers out of pocket. Full story >>
VOCABULARY
Someone who is crooked is dishonest and likely to do illegal things, especially in order to get money. • Belarusian President Alexander Lukashenko has blamed the Ukrainian crisis on crooked politicians who disrupted the nation's unity.
