Rejected petition John Griffith-Jones Should Resign as Chair of the FCA

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John Griffith-Jones was chairman of audit firm KPMG when it gave clean audit reports on the accounts of the failed bank, HBOS.

Under Griffith-Jones leadership, KPMG also sided with HBOS when the former Head of Risk raised concerns about HBOS lending.

Today HBOS is part of Lloyds and is 43% owned by the taxpayer as a result of the government’s bail out of HBOS. Lloyds have written off £46 billion of loans in total.

Given the recklessness of all involved, we, the undersigned believe that John Griffith-Jones should immediately resign or be fired from his position as Chairman of the Financial Conduct Authority

This petition was rejected

Why was this petition rejected?

It’s about honours or appointments.

We only reject petitions that don’t meet the petition standards.

Date submitted 9 April 2013
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