Ex-Barclays chief executive Diamond hits back over Libor attacks
LONDON (AFP) - Former Barclays chief executive Bob Diamond on Saturday hit back strongly at claims by British lawmakers that he gave "highly selective" evidence over the Libor rate-rigging scandal.
The cross-party Treasury Select Committee issued a report on Saturday in which lawmakers accused United States (US) national Mr Diamond of holding back information while it grilled him last month over the Libor affair.
The committee also said British regulators had shown serious shortcomings in their failure to stop Barclays manipulating the key Libor interest rate, and said the Bank of England was naive to think banks would not behave dishonestly.
Unhappy with the criticism against him, Mr Diamond said in a statement: "I strongly challenge certain assertions about my testimony.