The former head of business continuity at Lloyds Banking Group is suing his ex-employer for £1 million in lost earnings. Stephen Clements has told a tribunal he was forced out of his job because he blew the whistle on 'shocking' failures in the bank’s IT systems. He alleges there was a cover-up at the bank as the problems were so severe they would have cost £200 million to repair and caused significant reputational damage.
In a submission to the Central London Employment Tribunal, Clements, 51, claims that two-thirds of the bank's systems were not subject to resiliency tests, leaving "very serious gaps in our ability to recover critical IT systems.” He says senior management told him to 'burn the paper' on his report and "never bring it out again.”
Four months after calling senior management on the failings, Clements quit his post when the bank raised the possibility of transferring him to another role because of his age and the desire to replace him with a woman.
LBG denies the allegations.














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