Documents detail customers who faced allegations including drug-running, corruption, doping and money launderingHSBC’s Swiss bank concealed large sums of money for people facing allegations of serious wrongdoing, including drug-running, corruption and money laundering, leaked files reveal. Despite being legally obliged since 1998 to make special checks on high-risk customers, the bank provided accounts for clients implicated in six notorious scandals in Africa, including Kenya’s biggest corruption case, blood diamond trading and several corrupt military sales. Related: Fugitives, aides and bagmen: HSBC’s ‘politically exposed’ clients Related: HSBC files show how Swiss bank helped clients dodge taxes and hide millions …read more
Source: The Guardian
