Death, drugs, and HSBC

Nafeez Ahmed
Mar 2, 2015 · 23 min read

Fraudulent blood money makes the world go round

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Fraud

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Nicholas Wilson, former head of debt recovery at Weightmans solicitors, and whistleblower on HSBC fraud
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An appropriately rubbish random photo of the HSBC logo

Cover-up

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Martin Wheatley, chief executive of the Financial Conduct Authority, poses for a Bloomberg News photo-shoot. Presumably, this sort of photo is supposed to help convince us how deadly serious he is about regulating the financial industry

Censorship

“The industry needs investigating but it’s not glamorous or sexy so I doubt it ever will be.”

“All of the major publications and broadcasters live in constant fear of being sued by City of London firms with deep pockets and aggressive panels of lawyers,” said Joel Benjamin, campaigner for Move Your Money UK.

The best journalism money can buy

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Rona Fairhead, chair of the BBC Trust, is also a director and shareholder at HSBC
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Anthony Salz, a Rothschild investment banker who helped Rupert Murdoch with BSkyB, oversees the Guardian as a Scott Trust Ltd. executive
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Philip Tranter, a former corporate lawyer and currently a consultant for Boyes Turner, among whose clients is HSBC

Blood money

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Sheikh Sulaiman bin Abdul Azis, founder of al-Qaeda sponsoring al-Rajhi Bank, and idolised HSBC client

“Had the US authorities decided to press criminal charges, HSBC would almost certainly have lost its banking license in the US, the future of the institution would have been under threat and the entire banking system would have been destabilised.”

“Since illicit trades can thrive only with government complicity, this means that traffickers are investing huge sums to gain political influence, and not just in their home countries,” wrote Newsweek.

Too big to jail?

No one’s too big to jail: what you can do


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Nafeez Ahmed

Written by

Systems journalist. Crowdfunding investigations: http://patreon.com/nafeez

INSURGE intelligence

We are crowdfunding adversarial investigations into power, to empower people and save the planet. Join us via www.patreon.com/nafeez

Nafeez Ahmed

Written by

Systems journalist. Crowdfunding investigations: http://patreon.com/nafeez

INSURGE intelligence

We are crowdfunding adversarial investigations into power, to empower people and save the planet. Join us via www.patreon.com/nafeez

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