Posts Tagged ‘HSBC’

Denial of bank accounts to Muslims

July 28, 2015

Banks are a necessary evil.

Imagine then one day, you or the organisation you work for or belong to gets a letter saying your bank account will be closed forthwith. You are given no explanation, no right of appeal. This is what has happened to many Muslims and Muslim organisations, including the Finsbury Park Mosque, who have received identical letters from HSBC.

HSBC, the bank that money launders for Mexican drug cartels and terrorists, that aids tax evasion, where as yet not a single banker has been handed a prison sentence, has been sending identical letters to Muslims saying their bank accounts will be closed.

Peter Oborne was Chief Political commentator of the Daily Telegraph. When the paper refused to publish an article he had written which was critical of HSBC, when he noticed they were not covering the money laundering and other scandals relating to HSBC, he resigned.

Daily Telegraph takes advertising from HSBC. Barclay Brothers, who own the Daily Telegraph, borrow huge sums from HSBC.

Now working as a frelance jouranalits, Peter Oborne decided to dig a little deeper. What he found is shocking.

World-Check a shadowy organisation, something out of a James Bond movie, compiles data on people. If they mark you down as a terrorist, you are likely to be denied a bank account.

Note: Without seeking you permission, World-Check will put a cookie on your computer to monitor you. Access their website they arrogantly deems granting permission to spy on you.

And how does this shadowy organisation decide you are a terrorist? Er blogs, Wikipedia, UAE says so. This is what World-Check regard as high grade intelligence. Oh, and media articles.

It is well documented Wikipedia an unreliable source of information, as accurate as the last troll to have edited an entry.

UAE, like Saudi Arabia and Kuwait, is ruled by a corrupt elite, where human rights abuses are the norm. Oppose any of these terrorist states, and you will be listed as a terrorist.

Turkey is using ISIS as a cover to bomb Kurds in Iraq. Turkey calls them terrorists.

Israel bombs Palestine, calls Palestinians terrorists.

This means, UAE a Pariah State, or other Pariah States such as Israel, can list you as a terrorist, in turn be listed by a shadowy unaccountable organisation befitting a Bond movie, and you are denied a British bank account.

Who next to be targeted, bank accounts to be closed, activists? We have already seen terrorism legislation used against activists.

Caroline Lucas and Jeremy Corbyn need to be tabling questions in the House of Commons.

We need to be making better use of cryptocurrencies such as FairCoin, P2P money transfers, and crowd sourcing to make ourselves independent of banks. And to return to using cash.

Banks money launder for Fifa

May 29, 2015

Is anyone suprised HSBC and Barclays caught money laundering for Fifa?

One bunch of criminals aiding and abetting another bunch of criminals.

HSBC the crooked bank

February 9, 2015


Values, go beyond ‘what you can get away with’. — Rev Prebendary Stephen Green, former chief executive and chairman HSBC

HSBC laundered dirty money for Mexican drug cartels and terrorists.

US Senator Carl Levin, the chairman of the subcommittee investigating the bank, said HSBC’s compliance culture had been “pervasively polluted for a long time”.

No one faced criminal prosecution, no one went to prison.

HSBC acts as facilitator for tax evasion, compliance officers who question what is going on, are fired, the only compliance, ensuring we do not get caught. There has been no criminal investigation, no banker is in prison.

Evil ConDem government knew. Their response, a seat in the House of Lords.

Lord Green, a priest, is restructuring the management of Church of England.

Were I to rob a bank, get caught, pay the money back, would I get let off? Of course not, I would be in prison.

If a small business fails to pays it tax, it is made bankrupt to recover the money, the owner goes to prison.

If a benefit payments are fraudulently claimed, if caught face a prison sentence.

Why then one rule for greedy bankers, one rule for the rest of society?

Why are no bankers in prison, why are no bankers facing criminal prosecution?

And what of HMRC, aiding and abetting criminal activity? Why are not senior people at HMRC not in prison?

Lord Green, a seat in the House of Lords, appointed a government minister.

HMRC boss Dave Hartnett was the man responsible for cutting dodgy deals with Vodafone, Goldman Sachs and other large corporations that have cost the taxpayer billions in lost revenue. On leaving HMRC, jumped before he was pushed, a leaving bash hosted by tax dodgers and their advisors. On leaving HMRC, Dave Hartnett joined HSBC to advise on tax dodging.

HSBC has been helping thousands of the UK’s wealthiest people evade paying tax.

Surprise, surprise, the list of tax dodgers aided and abetted by HSBC include Tory Party donors.

It is time to get dirty money out of politics.

HSBC has been helping Britain’s richest evade tax on an unprecedented scale, using offshore accounts in Switzerland.

The worst part: HSBC knew what it was doing was wrong, and actively helped its customers evade tax. As yet, it’s failed to fully cooperate with the authorities and hand over information on its illegal advice, or the thousands of clients its helped break the law and evade paying their taxes.

HSBC says it’s changed its ways. But a former employee was sacked for speaking out after seeing that HSBC was still engaging in tax evasion schemes.

HSBC is has friends in high places who will help it avoid the worst of this scandal — and we can’t let that happen. HSBC needs to be brought to book for aiding and abetting tax evasion on an industrial scale.

The revelations come from a Guardian and BBC investigation into thousands of leaked documents from HSBC’s Switzerland branch, after a whistleblower alerted the French authorities to hundreds of its citizens evading taxes.

HSBC is also facing criminal investigations in Argentina and in Belgium for helping thousands of people evade their taxes.

Now, the bank is facing a growing crisis in UK.

This is an issue that goes right to the heart of what kind of country we live in.

We do not have democracy, we have a sham democracy, where our corrupt politicians are whores for hire to the highest bidder.

An election, is simply to choose whose turn to climb aboard the gravy train, get their snouts in the trough, whose turn to act for Big Business.

HSBC had hoped keep quiet, hope the sandal does not get out, and if it does, that is what we pay politicians for.

Austerity is a myth, it is an excuse for Shock Doctrine, slash and burn of public services, mass closures of libraries, rape and pillage of Greece.

We have puerile infantile discussions, if we do not cut libraries, what do we cut?

Go after the tax dodgers and there is no need for cuts, we could open more libraries, longer hours, fill with more books, have a health service that is fit for purpose, increase welfare payments and pensions.

We have seen thousands of ordinary people take action on corporate tax dodgers for example Vodafone and Boots. We’ve seen the residents of the New Era estate rise up and fight back against powerful property developers.

The only reason tax and housing are even on the political agenda, is because of direct action by ordinary citizen, not because of action by politicians. From the corrupt political elite, a few weasel words, but no action because they are in the pocket of the tax dodgers and the bankers.

When the banks were on their knees, instead of letting them go bust, the corrupt political elite in the pockets of the bankers bailed them out with our money.

Now it’s our turn to demand change.

It is time HSBC was broken up, time a few crooked bankers were thrown in prison.

Please sign the petition demanding HSBC divulge details of all their tax-dodging clients.

Ho ho ho Santa delivers sackfuls of coal

December 17, 2013

Today, Santa delivered sackfuls of coal to HSBC, the world’s dirtiest bank.

Santa delivers sackfuls of coal to HSBC

Santa delivers sackfuls of coal to HSBC

Christmas carols

Christmas carols

carol singing

carol singing

Today, Santa delivered a tonne of coal to HSBC, the world’s dirtiest bank, then sang carols.

Courtesy of WDM, this year’s Christmas present to HSBC wasn’t quite what the bank asked for… although they did have it coming. It came in the shape of more than 8000 pieces of coal delivered straight to their doorsteps and supplied with a healthy dose of Christmas carols with names like Frosty the Banker, Old King Coal, and Deck the Halls with Dirty Money.

This was to re-enact an old tradition, if you behaved badly, you were given a lump of coal.

  • HSBC is one of the biggest bankrollers of dirty energy around the world
  • HSBC financed coal to the tune of £3.8 billion between 2005 and 2011
  • HSBC underwrote about £75 billion in share and bond issues to fossil fuel companies between 2010 and 2012

Tax dodgers shut down again

December 19, 2010
My Public Library Pay Your Tax So It Can Stay Open

My Public Library Pay Your Tax So It Can Stay Open

Topshop £285 million tax dodge

Topshop £285 million tax dodge

BHS banner drop Brighton

BHS banner drop Brighton

Topshop Tunbridge Wells

Topshop Tunbridge Wells

Chant: HSBC shame on you! We pay taxes, why can’t you?

Chant: tax avoiders off our streets! Philip green, national thief, pay yourt tax or we won’t leave!

Chant: Where did all our money go? Shipped it off to Monaco!

Dear The Rich, please pay your share so we, The Poor, don’t have to lose our welfare state to prop up your banks. Thanks.

It was the last weekend before Christmas, the busiest shopping day of the year, the cash bells ringing, then came the snow. It was the last weekend before Christmas, UK Uncut had decided to target the tax dodgers, shut down as many retail stores as possible, then came the snow.

Severe weather warnings, trains not running, the airports closed, roads closed, the weather dominated the news programmes. Not a good day to shut down Vodafone, Topshop and other tax dodgers, or so I thought. Only the day before over 50 actions had been flagged up.

But I was pleased to say I was proved wrong. They came, they occupied. Across the country stores and banks were occupied and closed down.

In Covent Garden, protesters held a sleep over in HSBC in protest at housing cuts. HSBC had now been added to the list after it was revealed they had dodged £2 billion in tax. If paid there would be no need for housing cuts.

A santa from Big Society Revenue and Customs was glued to the window of Dorothy Perkins.

M&S was targeted in Hackney and Oxford Street.

Why M&S? M&S trousered £492 million in unpaid tax over the last five years, that is if they had paid tax at the existing rate of corporate tax.

This needs putting in context: it apparently costs £162 million a year to provide school sport, or about £810 million over five years. M&S could have paid for 72% of that if it had paid the full rate of UK tax on its profits or 60% if it had just settled the total tax it provided on its profit and loss account.

In normally sleepy Tunbridge Wells, despite the inclement weather, around 30 protesters turned out.

The Library Bloc was very effective. Reading books to shut down stores whilst at the same time highlighting closure of public libraries. Closures that would not be necessary were tax dodgers to pay their taxes.

Well done Anna Fleur (@magiczebras) who revised for her GCSE whilst occupying HSBC. Trade minister Stephen Green just happened to be director of HSBC whilst they dodged £2bn in tax.

Topical and brilliant, Santa protests too much when he hears his local library might close. A festive verse comedy by Ian McMillan. [BBC Radio 4, broadcast 19:00 Saturday 18 Dec 2010, repeat 17:40 Sunday 19 Dec 2010]

Vodafone’s waived tax bill could have paid for every single cut to every single council in the country this year.

Philip Green’s tax dodges could have paid for two years of sports in every school in the country.

Shame on the BBC who failed to report!

Do not the Brits have a reputation for apathy? A winge over their lukewarm beer but that is as far as it goes. But push them too far, as Hitler found, and they fight

Austerity cuts, an exagerated budget defecit being used as an excuse for application of Shock Doctrine and the resultant slash and burn of public services, the rich laughing all the way to their offshore bank accounts and the long-sufring Brits have said enough is enough.

It all started with the shutdown of the Vodafone flagship store in Oxford street on 7 October 2010 and it has taken off from there. We have seen what has become almost a regular feature of the weekend, shutdown of Vodafone stores and other tax dodgers. We have seen students take to the streets and occupation of universities not seen since the late 1960s.

And yet we have see what appears to be a media blackout.

The first most people know of these protests is when out shopping and ask what is going on. They then join in.


Tax Justice Network

Tax Research UK Blog

False Economy

Also see

UK Uncut Brighton – Sir Philip Green’s Christmas Payday

Captain SKA – Liar Liar

Heavy snow and ice bring travel chaos across UK

Tax protesters step up protest against store


Topshop and the solidarity of the ‘ordinary shopper’

#ukuncut actions around the country mark ‘Payday’

Big business goes on the defensive as tax protesters win the propaganda war

High street stores hit in day of action over corporate tax avoidance

Crisis? What crisis? Topshop boss enjoys Barbados holiday despite tax protestsl

Knickers to tax

Tax cheats avoiding fines when caught

From Fact to Fiction: Santa’s Sit-in

The return of the public?

The ethics of tax avoidance

Lone Protests Against Tax Avoiders

Tax justice: Back on the agenda

Vodafone tax protest made me smile

Sir Philip Green is Sponging Off the State

Shop a Scrounger

Topshop day of action against tax dodger Sir Philip Green

Tax dodging: what would Jesus do?

What would Jesus do?

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