Royal Bank of Scotland: LIBOR Debate

Full Debate: Read Full Debate
Department: HM Treasury

Royal Bank of Scotland: LIBOR

Lord Elystan-Morgan Excerpts
Wednesday 4th July 2012

(11 years, 10 months ago)

Lords Chamber
Read Full debate Read Hansard Text Read Debate Ministerial Extracts
Lord Elystan-Morgan Portrait Lord Elystan-Morgan
- Hansard - -

My Lords, going back to the Question asked by my noble friend Lord Empey, can the Minister tell the House, without going into specifics, what was the first point in time at which the Government gained any information about the possibility of the rigging of LIBOR?

Lord Sassoon Portrait Lord Sassoon
- Hansard - - - Excerpts

My Lords, I am tempted to go back into history beyond the last two years but the answer is that I cannot. It would be inappropriate to discuss that while investigations are still going on.