George Osborne intervened to stop US prosecution of HSBC, bank linked to Comey and Lynch


By Tyler Durden

Jul 12, 2016 7:16 AM
What had previously only been hinted by the likes of former US attorney general Eric Holder who infamous said some banks are “too big to prosecute” shortly before resigning, became fact when a US Congressional report found that US officials refused to prosecute HSBC for money laundering in 2012 because of concerns within the DOJ that it would cause a “global financial disaster.”  The report also revealed that UK officials, including Chancellor George Osborne, added to pressure by warning the US it could lead to market turmoil. The report alleges the UK “hampered” the probe of the most systemically important UK bank, and “influenced” the outcome.

http://www.zerohedge.com/news/2016-07-12/us-refused-prosecute-hsbc-over-fears-global-financial-disaster

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