Having spent more than three decades in the City, including a brief period in charge of Royal Bank of Scotland’s balance sheet as its survival hung in the balance in 2008, Ian Tyler could be forgiven for thinking he’d seen it all. Then an initially innocuous-looking document that a financial adviser asked him to look at last year provided the biggest shock of his career.
“One of the worst control failures I’ve ever seen” and “effectively theft” is how the former RBS, Tesco Bank and Barclays banker describes what he claims the paperwork has revealed.
In recent months, Tyler, 60, also a former Deloitte and Alvarez & Marsal executive, has been following a paper trial that he claims points to an “appalling accounting fraud” at
