British Banking And The Global Drug Trade

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In a recent investigation I presented the case that British banking and financial giant HSBC conspired with banking institutions with documented links to terrorist financing, including those responsible for helping bankroll the 9/11 attacks.

Drawing upon evidence published by the Senate Permanent Subcommittee on Investigations in their mammoth report, “U.S. Vulnerabilities to Money Laundering, Drugs, and Terrorist Financing: HSBC Case History,” we learned that senior HSBC officers, despite misgivings voiced by staff in internal correspondence, choose to continue profitable relations with Saudi Arabia’s Al Rajhi Bank, described by U.S. law enforcement agencies as moneymen for the CIA’s false flag specialists, Al Qaeda.

The same callous indifference which guided bank policy when it came to financing terrorists was HSBC’s modus operandi as they aided and abetted drug money laundering by some of the most violent gangsters on earth.

And with “all criminal proceeds … likely to have amounted to some 3.6 per cent of GDP (2.3-5.5 per cent) or around US$2.1 trillion in 2009,” as the United Nations Office on Drugs and Crime (UNODC) pointed out in that agency’s 2011 report, Estimating Illicit Financial Flows Resulting from Drug Trafficking and Other Transnational Crimes, the incentives for big banks to continue inflating their balance sheets with funds derived from global crime are compelling.

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2012-09-26 19:49:24

Source: http://www.whiteowlconspiracy.com/2012/09/british-banking-and-global-drug-trade.html