http://www.huffingtonpost.com/2013/12/18/hsbc-terrorists_n_4467329.html?utm_hp_ref=politics
A major U.S. bank has agreed to a settlement for transferring funds
on the behalf of financiers for the militant group Hezbollah, the
Treasury Department announced on Tuesday.
Concluding that HSBC's actions "were not the result of willful or
reckless conduct," Treasury's Office of Foreign Assets Control accepted a $32,400 settlement from the bank. Treasury noted, as did HSBC in a statement to HuffPost, that the violations were voluntarily reported.
Everett Stern, a former HSBC compliance officer who complained to his supervisors about the Hezbollah-linked transactions, told HuffPost he was "ecstatic and depressed at the same time."
"Those are my transactions, I reported them," he said, satisfied that
the government was taking action. But, he added, "Where I am upset was
those were a handful of transactions, and I saw hundreds of millions of
dollars" being transferred.
Stern said he hopes the government's enforcement actions against HSBC
have not come to an end with the latest settlement. "They admit to
financing terrorism and they get fined $32,000. Where if I were to do
that, I would go to jail for life," he said.
HSBC's fine is less than the $40,165.07 covered in the settlement
agreement that the bank transferred between December 2010 and April 2011
on behalf of a development company that Treasury says serves as a front for some of Hezbollah's biggest financiers in Africa.
Again I ask you America, who are the true terrorists? The terrorists are within...and you voted for them.
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