The Economic and Financial Crimes
Commission (EFCC) has accused HSBC Bank of laundering proceeds of corruption
for over 50 Nigerians, including a serving senator.
A recent report attributed to the
bank predicted that if President Muhammadu Buhari wins his second term bid, it
would “stunt the economy”.
Garba Shehu, senior special
assistant to the president on media and publicity, had on Saturday criticised
the HSBC report, also accusing the bank of money laundering, with emphasis on
$100 million Abacha Loot.
In a post titled ‘The Story of
HSBC’, the anti-graft agency listed similar allegations made by Shehu.
The EFCC said it will not “rest
on its oars” till all the funds allegedly in possession of the bank are
repatriated back to Nigeria.
“HSBC Bank plc is one of the
largest banking and financial services organisations in the world. HSBC’s
international network comprises around 7,500 offices in over 80 countries and
territories in Europe, the Asia-Pacific region, the Americas, the Middle East
and Africa,” the post read.
“Since inception, HSBC is
synonymous with money laundering and has paid billions of US Dollars in fines
across the world.
“In Nigeria, the bank laundered
more than $100 million for the late dictator, late Gen Sani Abacha in Jersey,
Paris, London, Switzerland and Geneva. The Bank is also involved with
laundering proceeds of corruption for over 50 Nigerians including a Nigerian
serving Senator.
“Part of Abacha Assets yet to be
recovered are: $12 million in HSBC Fund Admin Ltd with account number S-104460
in Jersey; $20 million in HSBC Life (Europe) with account number 37060762 in
U.K and $1. 6 million in HSBC Bank plc with account number 38175076 in U. K.
“We shall not rest on our oars
until every penny belonging to the FRN is repatriated to Nigeria as to improve
the lives of the people.”
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We know you guys style is to attack anyone that is telling you the truth you don't like to hear. THE TRUTH IS THE TRUTH. TAKE IT OR LEAVE IT. NIGERIA IS QUITE UNFORTUNATE TO HAVE PMB AS A PRESIDENT.
ReplyDeleteAnd by the Grace of Almighty God PMB is is coming back for second term president of the FRN to finish the remaining looters.
ReplyDelete