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HSBC top officers insist on staying; blame lower staff and the media and accept MPs criticisms

Thursday, March 12th 2015 - 00:53 UTC
Full article 8 comments

HSBC executives have been accused by MPs of incompetence for saying they were unaware of tax evasion activities in their Swiss private bank. However Chris Meares, the ex-head of HSBC's private banking division, said he didn't know what staff “were up to”. Read full article

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  • ChrisR

    The PAC!

    Stuffed full of thieving MP's have the gall to issue threats to others.

    The ONLY difference between HSBC and the crooks in Westminster is the amount stolen.

    Mar 12th, 2015 - 09:29 pm - Link - Report abuse 0
  • Britworker

    I quite agree, you should see how much pension this government have stolen from the police and fireservice and the numbers they plan to cut in the next parliament are huge. They truly are the rogues.

    Mar 12th, 2015 - 09:39 pm - Link - Report abuse 0
  • golfcronie

    @2
    “ stolen ”?

    Mar 13th, 2015 - 10:18 am - Link - Report abuse 0
  • Englander

    I want the Country to have more doctors, nurses, firemen, policemen, sailors, airmen and soldiers.
    In return I would be happy to have less politicians, BBC newsreaders, bankers and charity workers.

    Mar 13th, 2015 - 10:41 am - Link - Report abuse 0
  • Enrique Massot

    Strangely little comment here about this case of large sums of public money being stolen.
    After all, the HSBC case could very well be but the tip of the iceberg, as it's not every day we see whistleblowers of the caliber of Hervé Falciani.
    Even more surprising, those who comment above are silent about HSBC actions, preferring to deflect blame to unnamed “politicians” instead, who, in the words of Britworker, are the “truly rogues,” perhaps implying HSBC executives are not?
    ChrisR also prefers to append the word “crook” to politicians but spares HSBC.
    Some double standard!
    Argentina is asking HSBC to repatriate $3.5 billion illegally spirited out of the country and contained in 4,040 HSBC Swiss branch accounts, some of which belong to “Gabriel Martino, HSBC’s president in Argentina, and Alfonso Prat-Gay, the former president of the Central Bank of Argentina, as well as businesses like Cablevisión, a cable TV operator, and Grupo Clarin, Argentina’s largest media group. Also named were Christian Bassedas, manager of the Vélez Sarsfield football team; and Sebastián Eskenazi, CEO of YPF, the Argentine oil company.”
    http://www.globalresearch.ca/hsbc-accused-of-provinding-illegal-financial-services-money-laundering-and-organized-tax-fraud/5417422

    Mar 13th, 2015 - 04:22 pm - Link - Report abuse 0
  • ChrisR

    @ 5

    Nobody from the tax authorities in your dreadful, dreadful country has been able to provide evidence of tax avoidance.

    Does anyone know if the amounts are ex-tax paid? NO.

    Does anyone GAF either way, except your crooks, including TMBOA? Don't make me laugh.

    Does anybody think the money will be sent to TDC's Tax Office? HA, HA, HA.

    Mar 13th, 2015 - 06:09 pm - Link - Report abuse 0
  • Britworker

    @3

    Yes, stolen, they have taken a third of their pensions and in the next parliament the home secretary wants to change the office of constable from crown warranted employee in order that she can make 50 thousand police redundant. If you don'f believe me ask your local bobby whilst you still can. Teresa May's husband has a large interest in G4s and she wants to civilianise most police duties.

    All at a time when we face our greatest security threat. All true, check it out.

    Mar 13th, 2015 - 07:51 pm - Link - Report abuse 0
  • ilsen

    Apparently the Maduro regime has US$1.4 billion stashed under ONE name, 9of a very minor ex-minister... the 'patsy'), in these accounts.

    Why? For what reason? Who is it for? What it is it for?

    Although some say it it actually US$ 14 billion.

    The truth remains murky, but once they fall, I am sure/hope we will learn about it. Then it can actually be spent on all those housing projects/medical centres etc. that it was promised for.

    Mar 14th, 2015 - 02:40 am - Link - Report abuse 0

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