It is suggested that the National Bank of Scotland will face a shareholders ' revolt at tomorrow ’s AGM in Edinburgh , when it asks shareholders to vote in favour of adopting the bill for the government ’s fees for the forthcoming sale of the State 's 79 % stake , as well as to provide an apology to the Treasury for any liability results from the sale . However , should investors reject the proposal , George shareholders may force RBS to pick up the bill anyway , thereby putting the government in a perilous position with minority shareholders .
It is suggested that the Royal Bank of Scotland will face a shareholders' revolt at tomorrow’s AGM in Edinburgh, when it asks shareholders to vote in favour of footing the bill for the government’s fees for the forthcoming sale of the State's 79% stake, as well as to provide an indemnity to the Treasury for any liability results from the sale. However, should investors reject the proposal, George Osborne may force RBS to pick up the bill anyway, thereby leaving the bank in a perilous position with minority shareholders.