Voters cannot understand why the bankers who oversaw the collapse of RBS have not been pursued by prosecutors, Vince Cable said last night.
The Business Secretary piled pressure on the authorities to bring Fred Goodwin and other former bosses to account.
A legal report prepared for Mr Cable is understood to have concluded there was ‘prosecutable evidence’ against several of the bank’s executives.
They steered RBS into the biggest corporate disaster in British history, leaving taxpayers with a £45billion bill for its rescue.

Mr Cable asked Scotland’s Crown Office and Procurator Fiscal Service to consider prosecutions in January 2012.
He is now understood to have asked Lord Advocate Frank Mulholland – Scotland’s chief public prosecutor – why there has been no resolution three years on.
As well as Mr Goodwin, who was stripped of his knighthood in 2012, it is believed that Johnny Cameron, the former head of RBS’s investment bank, and a few other directors might also be pursued.
Disqualification, which would ban them from sitting on company boards, could be enacted by the courts or through civil action.

Mr Cable asked Scotland’s Crown Office and Procurator Fiscal Service to consider prosecutions in January 2012.
He is now understood to have asked Lord Advocate Frank Mulholland – Scotland’s chief public prosecutor – why there has been no resolution three years on.
As well as Mr Goodwin, who was stripped of his knighthood in 2012, it is believed that Johnny Cameron, the former head of RBS’s investment bank, and a few other directors might also be pursued.
Disqualification, which would ban them from sitting on company boards, could be enacted by the courts or through civil action.

‘I will be keeping abreast of any further developments and will continue to press for these investigations to be concluded as speedily as possible.’
Aides stressed that Mr Cable was not seeking to influence the outcome, but believed voters were angry about the lack of accountability.
Watchdogs who investigated the collapse of RBS found that its directors made a number of poor decisions in the run-up to Labour’s £45billion bailout of the bank.
The Financial Services Authority (FSA) concluded bosses had aggressively expanded the institution during Mr Goodwin’s eight-year tenure in charge, culminating in the disastrous acquisition of ABN Amro in 2007.
It found RBS had been brought to its knees by ‘multiple poor decisions’ and a £50billion ‘gamble’ on buying the Dutch bank.
The FSA report detailed the strained relationship between the watchdog and Mr Goodwin before 2005, in particular RBS’s reluctance to allow its non-executive directors to meet the FSA one-to-one.
‘FSA supervisory records from 2004 suggest that RBS management, and in particular the RBS chief executive, had been resistant to what they saw as unnecessary FSA interference,’ the watchdog said.

‘I will be keeping abreast of any further developments and will continue to press for these investigations to be concluded as speedily as possible.’
Aides stressed that Mr Cable was not seeking to influence the outcome, but believed voters were angry about the lack of accountability.
Watchdogs who investigated the collapse of RBS found that its directors made a number of poor decisions in the run-up to Labour’s £45billion bailout of the bank.
The Financial Services Authority (FSA) concluded bosses had aggressively expanded the institution during Mr Goodwin’s eight-year tenure in charge, culminating in the disastrous acquisition of ABN Amro in 2007.
It found RBS had been brought to its knees by ‘multiple poor decisions’ and a £50billion ‘gamble’ on buying the Dutch bank.
The FSA report detailed the strained relationship between the watchdog and Mr Goodwin before 2005, in particular RBS’s reluctance to allow its non-executive directors to meet the FSA one-to-one.
‘FSA supervisory records from 2004 suggest that RBS management, and in particular the RBS chief executive, had been resistant to what they saw as unnecessary FSA interference,’ the watchdog said.

http://www.dailymail.co.uk/news/article-2933769/Vince-Cable-demands-know-RBS-bankers-not-prosecuted-piles-pressure-bring-Fred-Goodwin-former-bosses-account.html