Neil Mitchell, who ran Torex Retail before he blew the whistle on an earlier fraud at the software company and RBS’s Global Restructuring Group took control of the business, has applied for a judicial review of a UK Financial Conduct Authority decision in July that its options for taking action were “limited”. Neil, who claims to represent 530 complainants affected by alleged wrongdoing at GRG, alleges in his judicial review application that the FCA has been “unlawfully refusing or failing” to fulfil its legal obligations and that its July decision should be “quashed”.
There is more on this story in the FT https://www.ft.com/content/32b06f30-f87c-11e8-8b7c-6fa24bd5409c and CityAM http://www.cityam.com/270199/city-watchdog-taken-court-over-failure-act-royal-bank
Neil Mitchell’s contact details are:
Neil Mitchell, Founder & Spokesman, Banks Claims Group Limited