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HSBC accused of ‘engaging a systematic and profitable collusion in serious criminal activity’
Monday, February 23, 2015 7:49
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The banking giant HSBC is today accused by a former Director of Public Prosecutions of engaging in “a systematic and profitable collusion in serious criminal activity”.
In a damming intervention Lord Ken Macdonald, who led the Crown Prosecution Service until 2008, said there existed “credible evidence” of HSBC’s involvement in “grave” cross border crimes that should have been the subject of urgent and “sustained criminal investigation” in the UK.
Lord Macdonald added that a decision by Her Majesty’s Revenue and Customs not to investigate HSBC for its role in facilitating possible tax evasion was “seriously legally flawed” …. http://www.independent.co.uk
Source: http://luismmx.blogspot.com/2015/02/hsbc-accused-of-engaging-systematic-and.html
