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Vedanta Hedging give live oral evidence to Select Committee of MPs in Westminster about mis-sold LOBOs

Abhishek Sachdev, MD of FCA Authorised Vedanta Hedging Ltd, was asked to give live oral evidence to the Communities and Local Government Select Committee of MPs in Westminster earlier this week.

The evidence was relating to the topic of LOBO (Lender Option Borrower Option) loans that contained embedded or hidden derivatives, which were sold by the Banks under false pretenses to Councils across the United Kingdom.

Nadia Patel

Nadia has a degree in Business Management and a Diploma for Financial Advisers (Level 4). She has ten years of experience in financial services. This includes FSA regulated adviser roles in HSBC, Halifax and Nationwide. As senior manager at Vedanta Nadia is responsible for managing the office, client contact and marketing for the business.

Nadia Patel

Nadia has a degree in Business Management and a Diploma for Financial Advisers (Level 4). She has ten years of experience in financial services. This includes FSA regulated adviser roles in HSBC, Halifax and Nationwide. As senior manager at Vedanta Nadia is responsible for managing the office, client contact and marketing for the business.