Posted on 02/19/2015 6:08:16 AM PST by cotton1706
NEW YORK – The Senate Judiciary Committee on Wednesday conducted a two-hour session with HSBC whistleblower John Cruz in its investigation of attorney general nominee Loretta Lynch’s role in the Obama administration’s decision not to prosecute the banking giant for laundering funds for Mexican drug cartels and Middle Eastern terrorists, WND sources have confirmed.
WND was first to report in a series of articles beginning in 2012 charges by Cruz, a former HSBC vice president and relationship manager, based on his more than 1,000 pages of evidence and secret audio recordings.
The staff of the Senate Judiciary Committee focused Wednesday on Cruz’s allegations, first reported by WND Feb. 6, that Lynch, acting then in her capacity as the U.S. attorney for the Eastern District of New York, engaged in a Department of Justice cover-up. Obama’s attorney general nominee allowed HSBC to enter into a “deferred prosecution” settlement in which the bank agreed to pay a $1.9 billion fine and admit “willful criminal conduct” in exchange for dropping criminal investigations and prosecutions of HSBC directors or employees.
On Feb. 12, the Senate Judiciary Committee announced Chairman Sen. Chuck Grassley, R-Iowa, had decided to postpone the Senate vote on Lynch’s confirmation until the last week of February, when Congress returns from the Presidents Day recess. The decision is widely attributed to allowing Vitter and the Senate Judiciary Committee staff time to pursue the allegations concerning Lynch’s role in the HSBC scandal.
Read the explosive backstory inside the HSBC scandal – how WND first exposed the massive money-laundering scheme, the fallout from the eye-popping discovery and the role Loretta Lynch played in “Launder-gate.”
(Excerpt) Read more at sodahead.com ...
The point of all this is quite simple, faced with criminal prosecutions, the perps would have and they surely would disclose the IDs of those for whom they were laundering money. This could not be allowed to happen as those who are the real culprits, the ones who used these schemes, cannot afford to have their IDs made public.
The entire gubmint is nothing but a bunch of crooks.
It’s who ya know...
Too late. She gets the job for two reasons. She is a member of two certified victim groups.
I think you accurately address the problem. Unfortunately they are not just crooks, they are also a bunch of treasonous bastards.
There’s no doubt she’s as big or bigger a racist as Holder, and will use her office to impose that racism on the country.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.