Doubts grow over release of long-awaited HBOS scandal report as Lloyds resists full disclosure

Lloyds Banking Group's response to a £1 billion fraud linked to HBOS has sparked accusations of concealment, prompting concerns over accountability and transparency.

Since initiating the review, which has now stretched beyond seven years, the expectations from the Treasury committee about a complete report have been contradicted by Lloyds' recent decisions.

Dame Linda Dobbs, who is leading the investigation, stated that the review would be structured for public sharing, yet Lloyds retains control over the findings' accessibility.

Victims of the HBOS fraud were described as 'cheated, defeated and penniless,' highlighting the profound impact of the scandal on small and medium-sized businesses.

Read at Business Matters