The Guardian has reported:
The government was accused of losing another favoured banker yesterday as the Treasury prepared to advertise for a new chairman for UK Financial Investments, the body set up to look after £37bn of taxpayer funds invested in bailed-out banks.
The role is currently held by Glen Moreno, who was revealed to be a trustee of Liechtenstein Global Trust (LGT), a private bank accused of aiding tax evasion. Moreno is not thought to be applying for the advertised post.
Looks like we're making progress. That's two in two days.
Who next?
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