MercoPress. South Atlantic News Agency
HSBC accused by Argentina of tax evasion and money laundering
Argentina’s tax agency formally accused the local unit of British banking giant HSBC Holdings Plc. of conspiracy to hide bank accounts, thereby helping private companies evade tax payments and launder money. Read full article
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Disclaimer & comment rulesInterpret this from Kirchernite speech to mean:
Mar 19th, 2013 - 07:38 am - Link - Report abuse 0You stopped us (the government) from raiding all these bank account and appropriating (stealing) all of the US dollars.
I wouldn't be surprised if HSBC performed some accounting tricks.....but only because they HAVE to in Argentine economic climate. It's illegal/impossible to get dollars, inflation is outta control, etc etc, so to be able to even operate/not bleed money, and to stay competitive, one would HAVE to perform accounting tricks in Argentina.
Mar 19th, 2013 - 07:59 am - Link - Report abuse 0HSBC.......and EVERY other foreign company should really pack up their things now while they still can and get the hell out, before Cristina tries to claim their assets via lawsuits or nationalization.
To be honest, i wouldn't be surprised if the investigation itself was baseless and the charges made up on false evidence. Given CFK's need for dollars or any money for that matter, what better target than a bank, and a British one at that.
Mar 19th, 2013 - 08:44 am - Link - Report abuse 0But then this could come back to hit her very hard, as HSBC could turn round and say to hell with Argentina and pull out of the country.
Echegaray= Lying cnut.
Mar 19th, 2013 - 10:09 am - Link - Report abuse 0Poor innocent little English Bank.
Mar 19th, 2013 - 10:34 am - Link - Report abuse 0Is big bully Argentina bullying you?
Shame on you, Argentina, bullying a poor innocent little English Bank.
Shame, shame on you, Argentina!
This promises to be funny.
Mar 19th, 2013 - 10:56 am - Link - Report abuse 0CFK's government accusing smaller targets of tax evasion as an excuse to raid them and shut them up when they contradict the official arglies works because they can't fight back. HSBC is the third largest bank in the world and even according to the official statistics has more liquid assets than Argentina.
Maybe CFK has seen the writing on the wall and is trying to ruin Argentina's economic outlook for several future generations aswell as the current one that's she's already trashed.
HSBC has been reliable when I needed them. If there's something remotely functional and prosperous, it seems to emit a signal for the harpy hag to ruin it.
Mar 19th, 2013 - 11:07 am - Link - Report abuse 0Think- shall we wait and see what evidence and defence actually comes out in the wash first?
Mar 19th, 2013 - 11:14 am - Link - Report abuse 0Distinct aroma of sour-grapes and flailing wailing and lashing out at anything remotley seen to be Brit is pehaps the initial impression.
(8) Islander1
Mar 19th, 2013 - 11:32 am - Link - Report abuse 0We shall wait.........
And whilst we wait, we can read about what HSCB has been doing during the last couple of months..
HSCB Mexico's money laundering scandal.....
HSCB Sudan's money laundering scandal.....
HSCB Iran's money laundering scandal.....
HSCB USA's money laundering scandal.....
HSCB LIBOR scandal.....
http://www.guardian.co.uk/business/2012/dec/10/standard-chartered-settle-iran-sanctions
http://www.guardian.co.uk/business/2012/dec/10/standard-chartered-settle-iran-sanctions
http://www.guardian.co.uk/business/2012/dec/10/standard-chartered-settle-iran-sanctions
http://www.guardian.co.uk/business/2012/dec/10/standard-chartered-settle-iran-sanctions
Distinct aroma of sour-grapes and flailing wailing and lashing out at anything remotley seen to be Brit is pehaps the initial impression....NOT
There is an ongoing scheme by the Ks to rid themselves of all the foreign influences in the country. She is doing a very good job, nationalizing them, bankrupting them and regulating them out of existence.
Mar 19th, 2013 - 11:59 am - Link - Report abuse 0It is much easier to keep the K lies valid if there is nothing to compare them to.
Soon enough Int'l travel will be suspended by requiring an exit visa only the Pols can seem to get. Even people with double nationality may be able to leave but certainly not with anything of value.
She is cutting that country off like N Korea
and if the population doesn't get shaken out of their stupor there is no stopping this train.
Stink they'll just refuse to pay same as rgenweener does
Mar 19th, 2013 - 12:01 pm - Link - Report abuse 0Poor innocent little English Bank.
Mar 19th, 2013 - 12:03 pm - Link - Report abuse 0Is big bully Argentina bullying you?
Shame on you, Argentina, bullying a poor innocent little English Bank.
Shame, shame on you, Argentina!
http://www.guardian.co.uk/business/2012/dec/10/standard-chartered-settle-iran-sanctions
http://www.guardian.co.uk/business/2012/dec/10/standard-chartered-settle-iran-sanctions
http://www.guardian.co.uk/business/2012/dec/10/standard-chartered-settle-iran-sanctions
http://www.guardian.co.uk/business/2012/dec/10/standard-chartered-settle-iran-sanctions
Rgs need to be wary of another corralito CFK will take your U$ that are still on deposit. BCRA has been looted there is nothing left and she still needs to buy 25% more LNG to keep you warm this winter.
Mar 19th, 2013 - 12:22 pm - Link - Report abuse 0The last 2 shipment wouldn't offload because they had not been paid. It cost ARG a few 100K to keep them in port.
But I am sure you'll see that on your next gas bill
392 million pesos ... does that get you 4 pints and crisps, or just the 4 pints ? Or just the crisps ?!?
Mar 19th, 2013 - 12:27 pm - Link - Report abuse 0@12 well stink if you keep repaeting yourself so will I.
Mar 19th, 2013 - 12:58 pm - Link - Report abuse 0Stink they'll just refuse to pay same as rgenweener does.
I suppose you'll sign on as dodderyovedover in a few mins
Hilarious. Argieland evades its debts and steals anything it can lay its sticky hands on. And “it” accuses....... You couldn't make it up. The intelligent have, I believe, already made all necessary comments. Except......... What happened to the investigation into CFK's “personal wealth”? What happened to the money Maximo was “given” to use to rebuild that airline? Why are there “provinces” without enough money to pay their bills?
Mar 19th, 2013 - 01:37 pm - Link - Report abuse 0#5
Mar 19th, 2013 - 01:59 pm - Link - Report abuse 0This is the first time I have agreed with everything you posted!
Is this where Maximo is hiding his money ?
http://www.bbc.co.uk/news/business-21840052
Mar 19th, 2013 - 02:05 pm - Link - Report abuse 0Guys, sort yourselves out. Anyone who has been reading the business sections of the newspapers over the last year will have seen that HSBC has been caught doing this in a number of jurisdictions. It would not surprise me at all if HSBC was doing this in Argentina. So, just cos the article mentions AFIP does not mean that HSBC aren't in the wrong. If anything, you guys should be applauding the tax authorities for doing exactly what other tax authorities in more financially advanced countries have already done. Please try and come to these stories with a modicum of intelligence
POOR POOR think stink Mouthing of from Europe because is family feel it unsafe to live in Argentina POOR POOR THINK STINK such a shame you must feel angry at times that we all know your an immigrant in Europe
Mar 19th, 2013 - 02:55 pm - Link - Report abuse 0conspiracy to hide bank accounts, thereby helping private companies evade tax payments and launder money......Christ they must be working for CFK !! This could be funny !
Mar 19th, 2013 - 03:57 pm - Link - Report abuse 0@12 “British” think, not “english” the clues in the subheading where it actually says “British”, bit of a give away really isnt it, so its your bank too....
Mar 19th, 2013 - 04:23 pm - Link - Report abuse 0and we all know what it means when “argentina accuses”, thats right it means squiddly sh*t, it just argentinas way.
SELF-DETERMINATION....take that to the bank.
This may well suggests that British banks have had a warning from upstairs,
Mar 19th, 2013 - 08:14 pm - Link - Report abuse 0Perhaps they should very much consider pulling out of Argentina, before CFK nationalises them,
Then perhaps other big banks may well follow,
The hint is there,
Lets hope they take it,
Just a money laundering thought lol.
18 Welsh Wizard
Mar 19th, 2013 - 08:43 pm - Link - Report abuse 0The problem anyone has with TMBOA and the reporting mess the country is in, is simply the lack of veracity in everything else that the AR government does.
So when they claim something of this nature NOBODY believes them.
When I first got to live in Uruguay I went to HSBC in MVD Missiones, next to the BROU HO. They told me they were no longer taking personal accounts on because of the tax evasion antics they were seeing from AR bank account holders which was more than likely to attract UY government attention. They advised me to go to BROU.
@9 THINK, you twat: it is HSBC, NOT HSCB. Take your Alzheimer’s medication.
@23 Stink a twat...............Stink = dodderyoverdover..........................yep !!!!! dodderyoverdover ex Royal Navy NNNNOOOOOOOOOOOOOOOOO!!!!! TWAT yes
Mar 19th, 2013 - 10:22 pm - Link - Report abuse 0I think, Think is in bed with the plastic CFK, why would you bend over backwards to support a corrupt woman who probably robs Think blind, they say love is blind!
Mar 20th, 2013 - 01:07 am - Link - Report abuse 0We saw CFK on TV yesterday,
Mar 20th, 2013 - 12:30 pm - Link - Report abuse 0And she looked awful
Like an 80 year old,
The plastic mask is slipping,
Just like her mentality.
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