TV star Edmonds ‘came close to suicide after business destroyed’
TELEVISION PRESENTER Noel Edmonds came close to taking his own life after falling victim to financial fraud, the star has revealed as he continues to seek compensation from Lloyds Banking Group.
Mr Edmonds admitted he was taken “to the brink of emotional annihilation” after a group of corrupt HBOS financiers helped destroy his former business Unique Group.
Lloyds, which rescued HBOS during the financial crisis, said in April it would begin making compensation offers to fraud victims in May from a £100m pot, with payments expected to begin in June.
However, Mr Edmonds has repeatedly urged Lloyds to speed up the process after launching a £50m-plus compensation claim against the lender. He has even gone as far as to set up a website – www.banklloyds.claims – as part of his campaign.
He said: “Until these criminals took me to the brink of emotional annihilation, I had always felt those who opt out by taking their own lives were selfish and cowardly. But having been cast into that bottomless dark space devoid of logic and reason, I have a much deeper understanding of life without hope.
“I seek no sympathy and feel no shame in admitting that on the evening of January 18, 2005, I attempted to end the overwhelming mental pain which had consumed my whole being. The fact that I did not become another suicide statistic is solely due to the swift response of a Devon ambulance crew and the compassionate support of the Priory in Bristol.”
Former HBOS financiers were jailed this year for carrying out a £245m loans scam that destroyed businesses, including that of Mr Edmonds, before they squandered the profits on high-end prostitutes and luxury holidays.
Lloyds has said its compensation programme is “on track” and the lender has started making payments to some of those affected. A spokesman said: “We have a clear policy that if a customer says that they are considering taking their own life that we must take the statement seriously and take action to protect them.”