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Reason behind Sir Fred's super injunction revealed: "He had an affair"

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By The Drum Team, Editorial

May 19, 2011 | 2 min read

A super injunction taken out by former chief executive Sir Fred Goodwin was taken to hide details of an alleged affair, it has been revealed in the House of Lords.

Details of the injunction, which also prevented the media from describing him as ‘a banker’, was revealed by Liberal Democrat Lord Oakeshott in a question during a debate - protected through parliamentary privilege - on the floor of the Lords.

This is the first time that the terms of the action have been revealed, with a spokesperson for Lord Oakeshott explaining that taxpayers had a right to know of the events leading up to the collapse of the Royal Bank of Scotland.

According to The Daily Telegraph, the injunction was allegedly taken to prevent reports over Goodwin’s relationship with ‘a senior colleague’.

Lord Oakeshott commented outside Parliament: "I'm not interested in footballers sex lives, but Royal Bank of Scotland was the biggest collapse in corporate history. It cost taxpayers billions and thousands of people their businesses and their jobs. You could not conceive of something more in the public interest to know the full facts leading to that collapse."

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