Noel Edmonds

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Noel Edmonds has formally kick-started his authorized motion in opposition to Lloyds Financial institution as he enters the I am a Movie star jungle.

The TV character is in search of £60m over an alleged rip-off involving workers on the Studying department of HBOS, which was subsequently purchased by Lloyds.

He claims his former agency Distinctive Group was destroyed due to fraud. Lloyds has rejected the idea of his declare.

His attorneys served Lloyds with a pre-case letter, to provoke formal motion, which may start as quickly as December.

Makes an attempt at mediation between the 2 events final 12 months weren’t profitable.

A spokesman for the financial institution mentioned: “We’re nonetheless ready for Mr Edmonds to file his authorized declare. If he does file his declare, it will likely be contested.”

It comes as Mr Edmonds says he’s to make use of his TV look in I am A Movie star to advertise his trigger in his battle for compensation from Lloyds Financial institution.

The previous Deal Or No Deal host mentioned in movies launched to the Press Affiliation that Lloyds would “should pay up”, including: “I’m completely satisfied at trial we’ll win.”

“It isn’t going to do any hurt to be within the jungle on ITV at peak time each single day for just a few weeks,” he mentioned.

Lloyds has put aside £100m for victims of the fraud by the hands of HBOS Studying workers between 2003 and 2007.

Corrupt staff from the HBOS branch were jailed last year for a £245m loans rip-off between 2003 and 2007 which destroyed a number of companies.

It was revealed they squandered the income on prostitutes and luxurious holidays.