This is an amazing story of where the Tories are protecting a former minister, Lord Green, who was chairman of HSBC during a period of massive tax evasion, where the bank helped wealthy clients hide cash in Switzerland. The story has been reported in detail in BBC program, Panorama and also in the Guardian newspaper. Check this out!
The Coalition government of David Cameron employed Lord King as an adviser on banking reform. Perhaps, it’s no surprise that despite banking scandal after scandal, few UK bankers have gone to jail?