‘Ethical’ bank let Rose West keep account

An “moral” bank let serial killer Rose West keep her account open.

The Co-operative Bank allowed West to keep her bank account open after a evaluation of consumers with felony information a decade in the past.

The Co-op, which has the slogan “Moral then, now and at all times”, allowed West to remain on as a buyer as a result of closing her account would trigger issues for her daughter, who was the principle person, The Telegraph reported.

Bosses on the organisation deemed protecting West as a buyer carried little threat to the bank’s repute, it’s understood.

In the meantime, the bank has beforehand closed the accounts of drug sellers and gang members that have been prone to embody the proceeds of crime.

West, 69, was jailed for all times in 1995 at HMP New Corridor in Flockton, Yorkshire for committing ten murders together with her husband Fred, who killed himself earlier than the trial.

The Co-operative Bank was beforehand embroiled in scandal after its former chairman Paul Flowers, a Methodist minister who was chairman of the bank for 3 years, was filmed shopping for and utilizing unlawful medicine together with crystal meth, crack cocaine and ketamine.

The scandal is believed to have prompted a evaluation of accounts belonging to criminals in 2014 in a “clean-up” of its books.

Dame Alison Rose, who resigned as chief govt of NatWest final month

(PA Wire)

Final month it emerged that Coutts, a subsidiary of NatWest, had closed former Brexit Occasion chief Nigel Farage’s account after a 40-page file produced by the bank discovered his political opinions did “not align” with the bank’s values.

Alison Rose, chief govt of NatWest Group, wrote to Farage to apologize for “deeply inappropriate feedback” made about him within the paperwork and resigned from her function.

Farage mentioned yesterday: “In 2023 my sins are thought of by the banking trade to be extra critical than the acts of serial killers like Rose West. I, in fact, don’t align with the pondering of the bank, on net-zero insurance policies, transgenderism, and a lot else.

“And that’s why this complete enterprise of closing accounts on the premise of ‘reputational threat’ is very political. Everyone ought to have a primary proper to a bank account, and there are some exceptions to that, however not very many.”

On Wednesday it emerged that Dame Alison Rose is ready to obtain a £2.4m pay bundle regardless of resigning final month.

A Co-op Bank spokesman mentioned: “We might not talk about particular person buyer account particulars.”

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