Why aren’t the lying bankers in prison? MPs demand police inquiry as lender fined £21m for duping regulator to avoid compensating PPI victims

‘A High Street bank has been hit with a record £21million fine after being caught falsifying documents to avoid compensating victims of mis-selling.

Now there are calls for criminal charges to be brought over an extraordinary cover-up lasting more than two years at Clydesdale and Yorkshire Banks.

Rogue staff misled the Financial Ombudsman – deliberately obstructing its investigation into payment protection insurance complaints.

They deleted records and tampered with evidence to make it look like the customer was never sold PPI, or they lied about not being able to trace documents.’

Read more: Why aren't the lying bankers in prison? MPs demand police inquiry as lender fined £21m for duping regulator to avoid compensating PPI victims