HSBC Bank: Secret Origins To Laundering The World's Drug Money

zero hedge ^ | 2/16/15 | Tyler Durden

[Nachum]

Submitted by the Drug Trafficking & Narco-Terrorism Department of GreatGameIndia

HSBC Bank : Secret Origins To 26/11 Mumbai Attacks

#SwissLeaks what the media has termed it is a trove of secret documents from HSBC’s Swiss private banking arm that reveals names of account holders and their balances for the year 2006-07. They come from over 200 countries, the total balance over $100 billion. But nowhere has the HSBC Swiss list touched off a more raging political debate than in India.

That’s why to obtain and investigate the Indian names, The Indian Express partnered in a three-month-long global project with the Washington-based International Consortium of Investigative Journalists (ICIJ) and the Paris-based Le Monde newspaper. The investigation revealed 1,195 Indian HSBC clients, roughly double the 628 names that French authorities gave to the Government in 2011. The new revelation— published as part of a global agreement — is expected to significantly widen the scale and scope of the ongoing probe by the Special Investigation Team (SIT) appointed by the Supreme Court.

For years, when banks have been caught laundering drug money, they have claimed that they did not know, that they were but victims of sneaky drug dealers and a few corrupt employees. Nothing could be further from the truth. The truth is that a considerable portion of the global banking system is explicitly dedicated to handling the enormous volume of cash produced daily by dope traffickers.

Contrary to popular opinion, it is not “demand” from the world’s population which creates the mind destroying drug trade. Rather, it is the world financial oligarchy, looking for massive profits and the destruction of the minds of the population it is determined to dominate, which organized the drug trade. The case of HSBC underscores that point. Serving as the central bank of this global apparatus, is HSBC.

[Nachum]

Makes for a lotta choom

[Nachum]

The “Dead Bankers” File

http://www.nachumlist.com/deadbankers.htm

[P.O.E.]

Wonder who got paid what? I’m sure there’s not a “smidgen” of evidence for that.

[Enlightened1]

No surprise at all.

Think anyone will go to jail?

I doubt it because this is probably only the tip of the Iceberg.

[stephenjohnbanker]

War of the Globalists

[tcrlaf]

Mega-Bankers involved in laundering drug money??

[Theoria]

HSBC linked to drug lords and terrorists, Senate report alleges[2012]

Senate:HSBC Exposed U.S. Financial System to Money Laundering, Drug, Terrorist Financing Risks

[DesertRhino]

“The U.S. bank subsidiary of HSBC failed to monitor more than $670 billion in wire transfers and more than $9.4 billion in purchases of physical dollars from its Mexico unit.”

Cartels were showing up with suitcases, they couldn’t hand them through the teller windows. They literally built special boxes that would fit through the teller window to better facilitate them.
And remember, HSBC actually began in Hong Kong, and got huge because of the Chinese opium trade. Its been a British dope bank since the beginning.

[eyeamok]

Don’t worry most if not all of our Too Big to Fail banks here in the US are getting their fair share of the profits. All of them have also paid paltry fines for laundering drug money.
And people sometimes ask me why am I against the War on Drugs!

[9YearLurker]

Yeah, the big banks are dirty, with laundering among their misdeeds—but this article doesn’t in any way back up its larger claims that the banks actually set up the drug trade business.

[ConservingFreedom]

Much less that demand by the world's users plays no role. It's all the Freemasons!

[Nachum]

Yeah, the big banks are dirty, with laundering among their misdeeds—but this article doesn’t in any way back up its larger claims that the banks actually set up the drug trade business.

True enough, but it is an interesting idea that fits in with a narrative of criminality and murder. Prostitution, drug usage, pedophilia at high levels of government all paid for and provided by huge gangs who traffic everything. Any vice, any time and all the bankers and politicians have to do is keep their mouths shut so everybody gets their money.

Lots of incentive to murder those who get out of line, and lots of incentive for future Attorney General Lynch to let HSBC get off, cover things up and shut her mouth. If she is a 'good soldier' she gets a piece of the pie and if she isn't she would meet an unfortunate 'accident'.