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‘A Conspiracy Of Silence’ – HSBC, The Guardian And The Defrauded British Public
Media Lens ^ | 05 March 2015 | ???

Posted on 03/08/2015 11:34:31 AM PDT by Lorianne

The corporate media have swiftly moved on from Peter Oborne's resignation as chief political commentator at the Telegraph and his revelations that the paper had committed 'a form of fraud' on its readers over its coverage of HSBC tax evasion.

But investigative journalist Nafeez Ahmed has delved deeper into the HSBC scandal, reporting the testimony of a whistleblower that reveals a 'conspiracy of silence' encompassing the media, regulators and law-enforcement agencies. Not least, Ahmed's work exposes the vanity of the Guardian's boast to be the world's 'leading liberal voice'.

Last month, the corporate media, with one notable exception, devoted extensive coverage to the news that the Swiss banking arm of HSBC had been engaged in massive fraudulent tax evasion. The exception was the Telegraph which, as Oborne revealed, was desperate to retain advertising income from HSBC.

But now Ahmed reports another 'far worse case of HSBC fraud totalling an estimated £1 billion, closer to home'. Moreover, it has gone virtually unnoticed by the corporate media, for all the usual reasons.

According to whistleblower Nicholas Wilson, HSBC was 'involved in a fraudulent scheme to illegally overcharge British shoppers in arrears for debt on store cards at leading British high-street retailers' including B&Q, Dixons, Currys, PC World and John Lewis. Up to 600,000 Britons were defrauded.

(Excerpt) Read more at medialens.org ...


TOPICS: Business/Economy; United Kingdom
KEYWORDS: bbc; hsbc; telegraph

1 posted on 03/08/2015 11:34:31 AM PDT by Lorianne
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To: Lorianne

Atsa nicea reporta on HNSBC ...Whata you talkin about ?


2 posted on 03/08/2015 1:55:03 PM PDT by mosesdapoet (Some of my best rebuttals are in FR's along with meaningless venting no one reads.)
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