Now Argentina Hits HSBC with Fresh Claims the Bank Laundered $100 Million

Wednesday, 20 March 2013 10:19
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‘HSBC has been accused of facilitating money laundering and tax evasion in Argentina, allowing clients to hide more than $100million.

The Argentinian government is pursuing a criminal investigation into the banking giant after accusing it of creating an illegal scheme enabling clients to hide millions of dollars.

The UK bank was last year fined £1.2billion for facilitating money laundering in the US and Mexico, channelling money for drug cartels.’

Read more: Now Argentina Hits HSBC with Fresh Claims the Bank Laundered $100 Million

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Posted on March 21, 2013, in Politics. Bookmark the permalink. Leave a comment.

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