HSBC. The bank of cheats.

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Feb 9, 2015 | 01:38 PM

#31

hodgy0_2

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From: K

Quote:

Originally Posted by Maz

There's questions being asked as to why HMRC seem to be slow to react.
Plus what the politicians actually knew over the period this was happening.

David Hartnett - head of HMRC at the time, went on to advise HSBC on financial governance - you really could not make this sh1te up

http://www.dailymail.co.uk/news/arti...-Deloitte.html

http://en.wikipedia.org/wiki/Dave_Hartnett
and was well know for signing off on sweetheart deals with big business, allowing billions to escape the TAX authorities

now wonder so many people seem to think they are being "nickel and dimmed"

but we have been here before tbh

https://www.scoobynet.com/962306-how...l#post10949708

https://www.scoobynet.com/998054-whe...l#post11364489

Last edited by hodgy0_2; Feb 9, 2015 at 01:40 PM.

Feb 9, 2015 | 01:43 PM

#32

ALi-B

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From: The hell where youth and laughter go

Quote:

Originally Posted by jonc

According to a Labour minister, they knew nothing of it when they were in power as these incidents only came to light in 2010, how convenient.

Funny that, as the IRS (USA) shared their obtained data to other countries- includuing the UK before 2010.

Feb 9, 2015 | 01:54 PM

#33

Maz

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From: Yorkshire.

Quote:

Originally Posted by ALi-B

Funny that, as the IRS (USA) shared their obtained data to other countries- includuing the UK before 2010.

This has been mentioned and possibly explains why there seems to be zeal for civil action over criminal. It has been said criminal proceedings will be drawn out, expensive and possibly fruitless. It would be more prudent to recover outstanding tax liabilities.
Labour are playing the 'not on our watch' card and the Tories need to explain why they gave the erstwhile boss of HSBC a peerage, this was while he presided over the bank as the malpractice was occurring.

Feb 9, 2015 | 01:59 PM

#34

hodgy0_2

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From: K

HSBC has already paid billion in fines to the US authorities over money laundering

is set to pay 100 of millions in fines for forex rigging

has also already agreed to pay millions in fines to the US authorities over the activities of its Swiss arm in relation to Tax evasion for US citizens

Feb 9, 2015 | 02:04 PM

#35

f1_fan

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From: .

Quote:

Originally Posted by jonc

According to a Labour minister, they knew nothing of it when they were in power as these incidents only came to light in 2010, how convenient.

They make you sick don't they? No matter how serious or how trivial they have to play party politics with it! Goes for all parties btw not just Labour!

Feb 9, 2015 | 02:09 PM

#36

Maz

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From: Yorkshire.

This may explain why the rogue elements within some banks operate with such impunity. It seems they've befriended the law makers and colluded (allegedly) with them to remove the threat of legal sanction.
http://www.morningstaronline.co.uk/a...r#.VNi_ANkgGc1

Feb 9, 2015 | 03:02 PM

#37

Martin2005

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From: Type 25. Build No.34

Quote:

Originally Posted by f1_fan

Not eggshells no, but equally just because it's a forum on the Internet you can't call someone a tax evader (or a racist or whatever) without some evidence to back that up

Actually you can.

You racist tax evader