government tax adviser sorry for banking role during libor crisis /

Published at 2016-01-12 18:42:17

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Angela Knight,former head of British Bankers’ organization, apologises to MPs and says she did her best ‘in face of a hurricane’ The former head of the British Bankers’ organization has repeatedly told MPs she was sorry that she ended up at the lobby group at the time of banking crisis and the Libor rigging scandal. Angela Knight, and the former Conservative MP who ran the BBA between 2007 and 2012,faced questions on Tuesday from the Treasury select committee about whether her tenure at the organization was a credibility issue for her. She disagreed.
MPs on the committee were taking evidence about her appointment as chair of the Office of Tax Simplification after a two-year stint at Energy UK. “I found myself in charge [at the BBA] at the time of the biggest banking crisis in history. I did what I could in the face of a hurricane,” she said. “whether someone who does a difficult job and finds themselves in a very tricky position does what they can, or is thereafter told,‘You can’t conclude anything else, you’ll never get anybody to conclude a difficult job again. I tried my best.
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Source: theguardian.com