Financial scandal

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HSBC Bank Implicated in Drug Money Laundering Scheme

Already under fire for previous allegations of money laundering for terrorist and drug trafficking organizations, a new scandal has emerged for beleaguered HSBC Bank, a firm founded long ago by British opium merchants during the British imperial era in Hong Kong. [Global Research]

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Ireland’s Former Wealthiest Man, Ex-Billionaire Sean Quinn, Sentenced to 9 Weeks in Prison for Contempt of Court

Sean Quinn was taken from Dublin High Court to prison to begin his 9-week detention for contempt of court, calling the ongoing legal battle with¬†IBRC, the former Anglo Irish Bank, as a ‘charade.’ “They took all my money, my company, put my son in jail, put me in jail and they have proven nothing’” [BBC]

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