In contrast to most other bank bosses, Mr Horta-Osorio supported the ring-fence when it was first proposed.
"The new scope of the review is significantly wider than it was in December" said Mr Horta-Osorio.
Mr Ramos-Horta, who constitutionally has no control over economic decisions, has been promoting Timor-Leste as a free-trade zone.
Lloyds' board has appointed a medical specialist, who has advised the bank's directors on the nature of Mr Horta-Osorio's condition.
Mr Horta-Orsorio believes the Independent Commission on Banking has under-estimated the scale of what Lloyds is already being forced to sell.
More importantly, this specialist has talked to Mr Horta-Osorio's doctors and has had access to his medical records going back 15 years.
He appeared before Parliament's banking standards committee alongside chief executive Antonio Horta-Osorio.
There are two aspects to the assessment by Lloyds' directors, led by the chairman, Sir Win Bischoff, of whether Mr Horta-Osorio should come back.
Against that challenging backdrop, it is striking that Mr Horta-Osorio says Lloyds has boosted net commercial lending - that's after repayments - by 2%.
To avoid using his veto power, Mr Ramos-Horta says he sent the laws back to parliament instead and called for them to be made clearer.
The former Barclays director David Roberts - a non-exec of Lloyds - would take over as chief executive for an interim period, if Mr Horta-Osorio leaves.
Both Gusmao and Jos Ramos-Horta, the CNRT's No. 2 and de facto foreign minister, have reportedly proposed that Falintil troops could be integrated with the U.N.
Indonesia has refused Mr Horta permission to campaign and has said it will release Xanana Gusmao, the rebel leader, from house arrest in Jakarta only after the vote.
The award last year of the Nobel peace prize to East Timor's Bishop Belo and an exiled activist, Jose Ramos Horta, has kept international attention on the issue.
Antonio Horta-Osorio, the chief executive of Lloyds who took a leave of absence from the bank because of exhaustion, wishes to return to work, I am reliably informed.
Directors of Lloyds are aware that there is some scepticism among its shareholders that Mr Horta-Osorio can run the bank in a way that doesn't impair his own health.
Nobel Peace Prize laureates Archbishop Desmond Tutu and East Timor president Jose Ramos-Horta have signed an open letter calling on Iran to unconditionally drop the charges against the Baha'i educators.
In practice, this means the board needs to be convinced that Mr Horta-Osorio will become better at delegating, at setting the direction of the bank, but not micro managing every decision.
The chief executive Antonio Horta-Osorio told me that Lloyds is employing 6000 people full time on processing claims for PPI compensation, of which 1000 spend all their time dealing with false claims.
The specialist is now in the process of conducting medical examinations of Mr Horta-Osorio and will tell the board whether - in his opinion - Mr Horta-Osorio has made a full recovery.
Also each member of Lloyds board is meeting with Mr Horta-Osorio on an individual basis, to hear from Mr Horta-Osorio why he thinks that he collapsed, and what lessons he has learned.
Mr Osborne also received backing from the chief executive of Lloyds Bank, Antonio Horta-Osorio, who broke ranks with the British Bankers' Association, which came out against the proposed "electrification" of the ring-fence.
He and his would-be foreign minister Jose Ramos-Horta have made numerous pronouncements declaring that they want the new independent nation of Timor Lorosae to someday take its place at the United Nations.
Mr Horta-Osorio would not be drawn on whether he himself would receive a bonus this year, saying that it was wrong to speculate on something that had yet to be discussed by the bank's board.
While Ugly Betty creator and executive producer Horta comically suggests that Rhimes put Heigl's character in a coma, the Grey's show-runner says she has an "unbelievable" story arc prepared for Izzie in the show's upcoming season.
Mr Horta-Osorio also said he was "very confident" that taxpayers would recoup their cash, though declined to comment on reports that the government is getting ready to start offloading its stake in Lloyds when shares reach the 61p break-even level.
That said, some would say he is unlucky that at two of the other British banks expected to be punished, Lloyds and RBS, the chief executives - Stephen Hester and Antonio Horta-Osorio - were elsewhere when the alleged wrongdoing took place.
But the chief executive of Lloyds, Antonio Horta-Orsorio - with the full backing of Lloyds' board - is implacably opposed to selling "even one extra branch" on top of the 600 branches Lloyds is already being forced to sell, according to well-placed Lloyds sources.
That is whether Mr Horta-Osorio is capable of working and living in a way that does not lead him to be deprived of sleep and relaxation - and allows him to do the job both effectively and in a way that doesn't take an excessive toll on him.
Were the board to decide that it doesn't want Mr Horta-Osorio back, he would be entitled to compensation of a year's salary and bonus - but he would be substantially out of pocket, because he lost his pension when he left Santander and has not built up any significant new entitlement at Lloyds.
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