Prosecute bad lenders over debt suicides, says whistleblower
Some of Britain’s high street banks are almost “putting profits before human life”, a senior banking executive claims in a BBC1 programme to be broadcast today.
The unnamed executive said that following a string of cases in which people have killed themselves after running up big debts, the law should be changed so that banks shown to have loaned money irresponsibly can face criminal charges. In the past two years, at least eight cases have been reported of people taking their lives after debts spiralled out of control.
guardian.co.uk