Former chief of TIBC tells why he fled from Bahrain - The National Newspaper

The US banker at the centre of one of the Middle East’s biggest corporate scandals has told The National why he fled the region during investigations into the collapse of The International Banking Corporation (TIBC), a Bahraini bank.

Speaking from his home in California, Glenn Stewart, the former chief executive of TIBC, said: “I did not want any longer to be subject to the arbitrary actions and retaliations of the Bahrain legal system. The only way to fight this was to get out of the country.”

Mr Stewart left Bahrain last month, despite travel restrictions imposed on him while the Bahrain central bank and the public prosecutor examined evidence in the TIBC case.