CITY OF LONDON police are investigating the alleged serious embezzlement of funds at a Gordon Brown-backed think tank set up to improve bankers’ behaviour.
The International Centre for Financial Regulation, which has taken millions from the taxpayer, suspended a member of its management after discovering money had gone missing. Late on Friday it told backers it would shut unless it could recover the cash.
It’s not actually much to do with G. Brown any more but it is funny, isn’t it?
You know, organisation to improve bankers’ etiquette gets defrauded?