24 Feb, 2011 @ 07:00
1 min read

Tally ho!

DISGRACED banker Sir Fred Goodwin has been spotted enjoying a 30,000 euro shooting trip in Spain.

The five star jaunt was – perhaps predictably – hosted by embattled Santander boss Emilio Botin.

Botin sent a limousine to pick up the ex-Royal Bank of Scotland chief from Madrid airport.

Goodwin was also joined by Formula One driver Jackie Stewart who the banker once hired as ‘brand ambassador’ for RBS.

After staying in a five-star hotel in the capital, they went to La Flamenca country estate for a spot of partridge shooting where they are said to have killed over 1,000 birds.

Stewart said: ‘It was perfect weather, we had a lovely day. Emilio is a friend of mine. Sir Fred is a friend of mine. I have known him a long time.’

Goodwin lost his five million euro-a-year job as chief executive of RBS as a condition of the bail out in 2008, which saved his bank from the worst corporate collapse in British history.

But he was vilified after it emerged that he received a pension of £703,000 a year, later reduced to £342,000.

It was Botin coincidentally, who helped fund the 60 billion euro RBS takeover of Dutch bank ABN Amro in 2007, a deal that nearly ruined RBS and led to 20,000 staff losing their jobs.

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