HSBC facilitated £Billions in tax evasion via Swiss Bank.
Dave Hartnett was the HMRC boss who negotiated the notorious tax deal that granted HSBC’s bankers virtually guaranteed immunity from prosecution for any crimes they might have committed relating to tax fraud in Switzerland. In January 2013 he went on to work for….HSBC.
You couldn’t make it up.
- See more at: http://www.taxresearch.org.uk/…/the-man-who-did-the-deal-…/…
Hari OM
ReplyDeleteHah.... and I learned today that the Hong Kong and Shanghai Banking Corporation...'was founded in 1865 on “Scottish banking principles” and was run thereafter with a strong flavour of Scottish Presbyterianism. The corporate logo is a stylised adaption of the cross of Saint Andrew. Flashy lifestyles were discouraged and collective responsibility promoted. Board members were told to fly economy to enforce a message of keeping costs under control.'
(Taken from here...it's worth a read. For a giggle.)
YAM xx