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John Griffith-Jones Should Resign as Chair of the FCA

Submitted on Tuesday 9th April 2013

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: honours (see below for details)

Petition Action

John Griffith-Jones Should Resign as Chair of the FCA

Additional Information

John Griffith-Jones was chairman of audit firm KPMG when it gave clean audit reports on the accounts of the failed bank, HBOS.

Under Griffith-Jones leadership, KPMG also sided with HBOS when the former Head of Risk raised concerns about HBOS lending.

Today HBOS is part of Lloyds and is 43% owned by the taxpayer as a result of the government’s bail out of HBOS. Lloyds have written off £46 billion of loans in total.

Given the recklessness of all involved, we, the undersigned believe that John Griffith-Jones should immediately resign or be fired from his position as Chairman of the Financial Conduct Authority


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