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"We certainly believe the report should be made public," said Jonathan Levine, a lawyer at the firm U.S. Girard Gibbs, pursuing the Bank on behalf of u.s. investors. "Given the magnitude of what happened and that RBS is now essentially a Government entity, there should be disclosure to the public."

Based in San Francisco, Girard Gibbs filed its collective redress before a court in Manhattan to pursue grievances of the investors who bought shares preferred RBS between March 2007 and January 2009. United States, a combination of collective redress is a cheaper way for large numbers of claimants to pursue a similar legal action.

"Failed to make the public report also raises the question of whether there is something to hide," Mr. Levine said the Sunday Telegraph. "" "" "The report may fail to find any conduct criminal, but to the extent where errors and the errors were made by the company and its leadership in the presentation information - whether by error or negligence - which could give rise to liability pursuant to the securities laws," he said.

The suit by Girard Gibbs is one of the combinations of collective redress at least two of us investors against the now State Bank. RBS has denied the allegations, but Mr. Levine is confident a N.y. judge will make a decision regarding takes place in the new year.

Separately, represents the United States Cherie Blair, pension fund the case their UK against RBS.

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Mr. Wormsley said in Manhattan Court that in May 2007 Mr. hands was implicit in a conversation with Simon Borrows, who headed the sale of EMI, that Mr. Wormsley finds an offer of 240 p share is acceptable to the Board of the EMI. "I was furious," the banker Citi said jurors, adding that he had received a voicemail from the hands of Mr. excuse but has since been removed.

CITI and Mr. Wormsley are charged by Mr. hands, the founder of capital company Terra Firma, trick him into insufficient for EMI claiming there is another bidder.Mr. mains alleges that in three telephone calls on weekends before the final bids were due Monday, May 21, Mr. Wormsley told him that Cerberus, a rival company, went to bid, 262 p a part.Citi denies the allegations.

Mr. Wormsley also told jurors that his bonus had nothing to do with fees that Citi realized when he lent money to Terra Firma buy EMI. "Rapid response was that I received no benefit in my bonus funding," he said.

Advocates of Terra Firma told the Court that in early 2007 Citi was furious, that it is not assigned a role by EMI in the securitization of its Music Edition entreprise.Ils feared also that another bank was appointed Chief EMI on its sale by John Gildersleeve, Councillor new President of the label of music. ""We [Citi] want to be pushed, obviously not", said Mr. Wormsley.

CITI was paid for advice Wormsley M. Advisor of the EMI, as well as the. 6bn ￡ 2 that he lent to Terra Firma to help buy the music group.

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