Pair hired to clean up banks named in US 'dirty money' scandal

Jul 18, 2012 Full story: Independent.ie

THE Government faces huge embarrassment today after two key figures appointed to help clean up the Irish financial system were named in an explosive US investigation into global banking giant HSBC.

Full Story
Michael Mason-Mahon

UK

#1 Jul 18, 2012
I am very concerned that Mr Flint or Mr Gulliver did not appear in front of the Committee, why did the not appear or is them showing Courageous Integrity?

"Twice in the past 10 years HSBC has been cited by US bank regulators for deficient anti-money laundering policies and ordered to take corrective action".

As Mr Flint was the Finance Director at the time and now as Chairman, he has to be held responsible for this criminal behaviour.

What are our Board of Directors doing besides staying silent, is this their Courageous Integrity or is it Faint heartedness (Cowardice)?

Will Mr Flint do the right (as per HSBC Values see page 9 Annual Report) and resign?

Will Mr Flint restore some of the reputation of HSBC (he talks about so much) and resign today?

What is Mrs R.A. Fairhead Board Director (CEO of FT Group) of HSBC Holdings Plc doing about the Chairman? Mrs Fairhead is Chairwoman of the Group Risk Committee, why are you silent?

Regards
Michael Mason-Mahon
Mobile: 0044 7834763544
E-mail: ckmdm@aol.com

http://www.ft.com/cms/s/0/832b582a-d0f2-11e1-...

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