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Ex-HBOS manager, five others convicted in corruption ring

( January 30, 2017, 17:12 GMT | Official Statement) -- MLex Summary: A former HBOS manager and five others were convicted of corruption, fraud and money laundering offenses in a London court today. Lynden Scourfield was bribed to instruct indebted bank customers to hire consultancy Quayside Corporate Services to get access to further loans. The five others convicted in the scheme that led HBOS to lose about 250 million pounds were Quayside director David Mills, his wife and three associates. The six will be sentenced on Thursday.Full statement follows. ...

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