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1.9 பில்லியன் தொகை தண்டம் செலுத்திய HSBC வங்கி

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  • கருத்துக்கள உறவுகள்

NEW YORK -- British bank HSBC has agreed to pay $1.9 billion to settle a New York based-probe in connection with the laundering of money from narcotics traffickers in Mexico, U.S. authorities announced Tuesday. The move avoids a legal battle that could further savage the bank's reputation and undermine confidence in the global banking system. The announcement was made by Assistant Attorney General Lanny A. Breuer and U.S. Attorney Loretta A. Lynch in Brooklyn. At least $881 million in drug trafficking proceeds was laundered through HSBC Bank USA, violating the Bank Secrecy Act, U.S. authorities said. The government also alleges that HSBC intentionally allowed prohibited transactions with Iran, Libya, Sudan and Burma. The bank also facilitated transactions with Cuba in violation of the Trading With the Enemy Act, according to court documents. "HSBC is being held accountable for stunning failures of oversight -- and worse -- that led the bank to permit narcotics traffickers and others to launder hundreds of millions of dollars through HSBC subsidiaries and to facilitate hundreds of millions more in transactions with sanctioned countries," Breuer said in a statement. "The record of dysfunction that prevailed at HSBC for many years was astonishing. Today, HSBC is paying a heavy price for its conduct, and, under the terms of today's agreement, if the bank fails to comply with the agreement in any way, we reserve the right to fully prosecute it," he said. http://www.mercurynews.com/business/ci_22169301/british-bank-hsbc-pay-record-1-9-billion

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