Sucheta Dalal :HSBC's 700 accounts
Sucheta Dalal

Click here for FREE MEMBERSHIP to Moneylife Foundation which entitles you to:
• Access to information on investment issues

• Invitations to attend free workshops on financial literacy
• Grievance redressal

 

MoneyLife
You are here: Home » Current Articles » HSBC's 700 accounts
                       Previous           Next

HSBC's 700 accounts  

November 27, 2012

After the publicity and denials there is no followup on Arvind kejriwal revelations.


Sucheta Dalal

A few weeks ago, the charges of India Against Corruption (IAC) against HSBC and the 700 accounts, obtained from Geneva, truly seem like a case of ‘hit and run’. Everyone named by Arvind Kejriwal has got away by mouthing meaningless denials. HSBC itself has maintained a Sphinx-like silence that would do Sonia Gandhi proud. Here is one bank whose high-profile chairperson in Naina Lal Kidwai, is never asked uncomfortable questions during her many public appearances. That Moneylife provided specific evidence that the income tax department had started investigations over a year ago and had raided and questioned several Indians on that very list made no difference.

 

To read more on this click here...


-- Sucheta Dalal