Client confidentiality is NOT a shield for criminal activity – Lord Peter Hain on HSBC
In this extract from his memoir, Lord Peter Hain gives us a glimpse into his efforts to expose and bring global banks like HSBC to justice.
In this extract from his memoir, Lord Peter Hain gives us a glimpse into his efforts to expose and bring global banks like HSBC to justice.
“HSBCÂ covered up the money laundering exploits of the Guptas – Some 92 accounts in Hong Kong, which received $4.2bn in payments, have been identified.”
A 16-month investigation shows that big banks like HSBC continue to play a central role in moving money tied to corruption, organised crime and terrorism.
Public Protector Busisiwe Mkhwebane has been snitched on by global banking giant HSBC for having financial links to the infamous Gupta family.
Peter Hain has shared, with the Zondo Commission, a detailed list of those who have enabled corruption and provides suggestions to bring the perpetrators to book.
Public Protector Busisiwe Mkhwebane has been snitched on by global banking giant HSBC for having financial links to the infamous Gupta family.
Discovery’s new challenger bank, into which the group is investing the equivalent of almost 10% of its market cap, opens to the public today.
Discovery has announced the appointment to the Board of Mark Tucker as independent non-executive Chairperson and Director, with effect from 1 March 2019.
The Guptas and their associates deserve every drop of bile now being poured over them. But so too do the multinationals which facilitated their thievery.
Matthew Lester argues that the public investigations of 2015 – FIFA, HSBC – are going to do more to improve corporate governance and reduce the extent of international tax planning than rafts of new laws and regulations.