Bankrupted businessman attacks RBS
A businessman who “lost everything” in a David versus Goliath battle with RBS still can’t even get a mobile phone contract despite beating the bank in court.
Although the Supreme Court ruled in Derek Carlyle’s favour in 2015, he still faces seven more years of being legally bankrupt.
The bank reneged on a loan deal with property developer in 2008 – then sequestrated and sued him, leading to the lengthy legal battle.
His continued suffering following the actions of RBS’s Global Restructuring Group can be revealed just days after it emerged that bank bosses told managers to let struggling business customers “hang themselves”.
The instruction about those in financial difficulty was sent round in a 2009 internal memo titled “Just Hit Budget”.
Mr Carlyle, 54, from Hamilton said: “I can’t get back to work and I can’t even get back to having a mobile phone contract.
“I can’t get any credit for over £500 for another seven years despite the highest court in the land saying I was right and the bank was wrong.”
Mr Carlyle’s battle came after the bank reneged on a loan to buy two plots on the grounds of the Gleneagles Hotel and develop rental homes in time for the 2014 Ryder Cup golf tournament.
The plots were repossessed by RBS and sold for £900,000.
RBS declined to comment.