Huge sums that are supposed to fund the National Health Service are finding their way into yet more offshore tax havens, channelled through Private Finance initiative (PFI) projects.
Image: Kerry-Anne Mendoza
‘Too Big to Jail’ HSBC has been caught with its pants down yet again, this time by stashing around 180 billion of clients’ undeclared wealth in its HSBC Suisse branches.
Following a week of venomous press criticism and political posturing, HSBC the most secretive of the UK banks has been forced to come out with a non-apology from CEO Stuart Gulliver.
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