HSBC allowed ‘Mexican drug cartels to launder billions of dollars through its banks’, reveals scathing report from US senators
By This Is Money Reporters
dailymail.co.uk
- Gr1st / Foter
Lax controls at HSBC allowed Mexican drug cartels to launder billions of dollars through the British bank’s operations in the US, an investigation has found.
The report by a U.S. Senate committee also claimed that HSBC provided banking services to some lenders in Saudi Arabia and Bangladesh believed to have helped fund al Qaida and other terrorist groups.
Full Story
Recent Comments