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Paul Merrell

BBC News - Swiss police raid HSBC's Geneva office - 0 views

www.bbc.com/...business-31516416

banksters HSBC money=laundering tax-evasion

shared by Paul Merrell on 22 Feb 15 - No Cached
  • Swiss prosecutors have searched offices of the Geneva subsidiary of HSBC bank in an inquiry into alleged money-laundering. They said they were investigating HSBC Private Bank (Suisse) and "persons unknown for suspected aggravated money laundering". The investigation could be extended to people suspected of committing or participating in money laundering. HSBC said it was "co-operating with the Swiss authorities." The raid comes more than a week after allegations first emerged that HSBC's Swiss private bank may have helped wealthy clients evade tax. HSBC published a full-page advert in several weekend papers containing an apology over the claims.
  • The chief executive of HSBC's Swiss private bank, Franco Morra, said last week it had shut down accounts from clients who "did not meet our high standards". Mr Morra added the revelations about "historical business practices" were a reminder that the old business model of Swiss private banking was no longer acceptable.
  • HM Revenue & Customs was given the leaked data in 2010 and has identified 1,100 people who had not paid their taxes. Last week, HSBC admitted that it was "accountable for past control failures", but said it had now "fundamentally changed". "We acknowledge that the compliance culture and standards of due diligence in HSBC's Swiss private bank, as well as the industry in general, were significantly lower than they are today," it added. The bank faces criminal investigations in the US, France, Belgium and Argentina, but not in the UK, where HSBC is based. HSBC said it was "co-operating with relevant authorities".
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  • Geneva's attorney general, Olivier Jornot, told reporters the investigation could be extended to individuals suspected of money laundering or tax fraud. "The goal of this investigation is precisely to verify if the information that has been made public are well-founded and if de facto reproaches can be made, whether it be towards the bank, or towards physical persons, like collaborators or clients," he said. Offshore accounts are not illegal, but many people use them to hide cash from the tax authorities. And while tax avoidance is perfectly legal, deliberately hiding money to evade tax is not. The allegations have caused a political storm in the UK over who knew what and when.
  • The leaked data was not received by the government until 2010 by which time the coalition had taken power, but refers to tax evasion that took place under the last Labour government between 2005 and 2007. The man in charge of HSBC at the time, Stephen Green, was made a Conservative peer and appointed to the government. Lord Green was made a minister eight months after HMRC had been given the leaked documents from his bank. He served as a minister of trade and investment until 2013.
  • Related Stories Oborne calls for Telegraph inquiry 18 FEBRUARY 2015, UK Balls challenges Osborne over HSBC 17 FEBRUARY 2015, UK POLITICS Timeline 2007-2015: HSBC tax files Watch 09 FEBRUARY 2015, BUSINESS Tax officials defended over HSBC 09 FEBRUARY 2015, UK POLITICS HSBC 'helped clients dodge tax' 10 FEBRUARY 2015, BUSINESS
Paul Merrell

UK Politicians To Hold 'Emergency Debate' After Spy Tribunal Says GCHQ Is Permitted To ... - 0 views

www.techdirt.com/...-them-under-surveillance.shtml

surveillance state UK GCHQ-targets-MPs legislation

shared by Paul Merrell on 20 Oct 15 - No Cached
  • Now we can see what moves legislators to take swift action against domestic surveillance. It all depends on who's being targeted. A long-held "gentleman's agreement" that GCHQ would not spy on members of Parliament (with an exigent circumstances exception, naturally) was found to be not legally-binding by the UK's surveillance oversight tribunal. Today, a panel, headed by Mr Justice Burton, made declarations that the Wilson Doctrine applies only to targeted, and not incidental, interception of Parliamentary communications, but that it has no legal effect, save that in practice the Security and Intelligence Agencies must comply with their own guidance. The Wilson doctrine, implemented by prime minister Harold Wilson in November 1966, lay down the policy of no tapping of the phones of MPs or members of the House of Lords, unless there is a major national emergency, and that any changes to the policy will be reported by the prime minister to Parliament.
  • Once the Parliament members discovered they too could be subjected to GCHQ's "blanket surveillance," they moved quickly. MPs are to hold an emergency debate on the Wilson doctrine, amid fears the convention designed to prevent politicians' communications being spied upon is "dead". [...] Shadow Commons leader Chris Bryant led a successful application in the Commons for an emergency debate in response to Wednesday's judgment. The debate has been allocated up to three hours on Monday, October 19. When it's just the general public and foreign citizens of dozens of nations, politicians generally agree there's a "debate" to be had over dragnet surveillance. The debate then takes place with minimal input from those affected and tends to include large amounts of terrorist fear-mongering and quibbling over how much exactly national security agencies should be allowed to get away with. (As much as possible, usually. Especially when the fear-mongering side has the floor.)
  • When it's those up top discovering they, too, might be subject to the same surveillance they've inflicted on the rest of the nation (and foreigners who have been granted no rights whatsoever), they step all over themselves in their haste to "debate" the side of the issue that states they should continue to be excepted from the laws that apply to everyone else.
Gary Edwards

Does Trump Trump? Angelo Codevilla on Our Present Moment | Power Line - 1 views

www.powerlineblog.com/...illa-on-our-present-moment.php

Angelo-Codevilla Trump ruling-class-elites

shared by Gary Edwards on 29 Jul 15 - No Cached
  • Angelo Codevilla is a former staff member of the Senate Intelligence Committee, professor emeritus of international relations at Boston University, and the author of more than a dozen fine books on politics, arms control, and intelligence (if I had to pick a favorite it might be The Character of Nations), including a fine translation of Machiavelli’s Prince published by Yale University Press. Most recently his essay-turned-book The Ruling Class: How They Corrupted America and What We Can Do About It caught the attention of Rush Limbaugh and many others. It argues that our fundamental political problem is not “big government,” but the creation of a ruling class, inhabiting both parties, that is steadily increasing its authoritarian control over the nation. In a conversation a few months ago Angelo remarked, “The 2016 election is simple; the person who runs on the platform ‘Who do they think they are?’ will win.”
  • Donald Trump leapt atop other contenders for the Republican presidential nomination when he acted on the primordial fact in American public life today, from which most of the others hide their eyes, namely: most Americans distrust, fear, are sick and tired of, the elected, appointed, and bureaucratic officials who rule over us, as well as their cronies in the corporate, media, and academic world.
  • Trump’s attraction lies less in his words’ grace or even precision than in the extent to which Americans are searching for someone, anyone, to lead against this ruling class, that is making America less prosperous, less free, and more dangerous.
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  • three fifths of Democratic voters approve the conduct of their officials, only about one fifth of Republican voters approve what theirs do.
  • Moreover, Americans are becoming increasingly skeptical about their celebrities’ integrity. With good reason. McCain is just a minor example of a phenomenon that characterizes our ruling class: reputations built on lies and cover-ups, lives of myth protected by mutual forbearance, by complicitous journalists, or by records deep-sixed, including in in government archives.
  • As they lord it over us, they live lives that cannot stand scrutiny.
  • The point here is simple: our ruling class has succeeded in ruling not by reason or persuasion, never mind integrity, but by occupying society’s commanding heights, by imposing itself and its ever-changing appetites on the rest of us. It has coopted or intimidated potential opponents by denying the legitimacy of opposition. Donald Trump, haplessness and clownishness notwithstanding, has shown how easily this regime may be threatened just by refusing to be intimidated.
  • At increasing speed, our ruling class has created “protected classes” of Americans defined by race, sex, age, disability, origin, religion, and now homosexuality, whose members have privileges that outsider do not. By so doing, they have shattered the principle of equality – the bedrock of the rule of law. Ruling class insiders use these officious classifications to harass their socio-political opponents. An unintimidated statesman would ask: Why should not all “classes” be equally protected? Does the rule of law even admit of “classes”? Does not the 14th amendment promise “the equal protection of the laws” to all alike? He would note that when the government sets aside written law in favor of what the powerful want, it thereby absolves citizens any obligation to obey government.
  • Gary Edwards on 29 Jul 15
     
    "Does Trump trump? By Angelo M. Codevilla "In the land of the blind," so goes the saying, "the one-eyed man is king." Donald Trump leapt atop other contenders for the Republican presidential nomination when he acted on the primordial fact in American public life today, from which most of the others hide their eyes, namely: most Americans distrust, fear, are sick and tired of, the elected, appointed, and bureaucratic officials who rule over us, as well as their cronies in the corporate, media, and academic world. Trump's attraction lies less in his words' grace or even precision than in the extent to which Americans are searching for someone, anyone, to lead against this ruling class, that is making America less prosperous, less free, and more dangerous. Trump's rise reminds this class's members that they sit atop a rumbling volcano of rejection. Republicans and Democrats hope to exorcise its explosion by telling the public that Trump's remarks on immigration and on the character of fellow member John McCain (without bothering to try showing that he errs on substance), place him outside the boundaries of their polite society. Thus do they throw Br'er Rabbit into the proverbial briar patch. Now what? The continued rise in Trump's poll numbers reminds all that Ross Perot - in an era that was far more tolerant of the Establishment than is ours - outdistanced both Bush 41 and Bill Clinton before self-destructing, just by speaking ill of both parties before he self destructed. Republicans brahmins have the greater reason to fear. Whereas some three fifths of Democratic voters approve the conduct of their officials, only about one fifth of Republican voters approve what theirs do. If Americans in general are primed for revolt, Republican (and independent) voters fairly thirst for it. Trump's barest hints about what he opposes (never mind proposes) regarding just a few items on the public agenda have had such effect because they accord with
Paul Merrell

WikiLeaks Cables Portray Saudi Arabia As A Cash Machine For Terrorists - 0 views

www.mintpressnews.com/...210038

Auction 2016 Hillary war & peace mercenary funding Saudis UAE Qatar Kuwait Pakistan

shared by Paul Merrell on 24 Dec 15 - No Cached
  • Saudi Arabia is the world’s largest source of funds for Islamist militant groups such as the Afghan Taliban and Lashkar-e-Taiba – but the Saudi government is reluctant to stem the flow of money, according to Hillary Clinton. “More needs to be done since Saudi Arabia remains a critical financial support base for al-Qaida, the Taliban, LeT and other terrorist groups,” says a secret December 2009 paper signed by the US secretary of state. Her memo urged US diplomats to redouble their efforts to stop Gulf money reaching extremists in Pakistan and Afghanistan.
  • “Donors in Saudi Arabia constitute the most significant source of funding to Sunni terrorist groups worldwide,” she said. Three other Arab countries are listed as sources of militant money: Qatar, Kuwait and the United Arab Emirates. The cables highlight an often ignored factor in the Pakistani and Afghan conflicts: that the violence is partly bankrolled by rich, conservative donors across the Arabian Sea whose governments do little to stop them. The problem is particularly acute in Saudi Arabia, where militants soliciting funds slip into the country disguised as holy pilgrims, set up front companies to launder funds and receive money from government-sanctioned charities. One cable details how the Pakistani militant outfit Lashkar-e-Taiba, which carried out the 2008 Mumbai attacks, used a Saudi-based front company to fund its activities in 2005. Meanwhile officials with the LeT’s charity wing, Jamaat-ud-Dawa, travelled to Saudi Arabia seeking donations for new schools at vastly inflated costs – then siphoned off the excess money to fund militant operations. Militants seeking donations often come during the hajj pilgrimage – “a major security loophole since pilgrims often travel with large amounts of cash and the Saudis cannot refuse them entry into Saudi Arabia”. Even a small donation can go far: LeT operates on a budget of just $5.25m (£3.25m) a year, according to American estimates.
  • Saudi officials are often painted as reluctant partners. Clinton complained of the “ongoing challenge to persuade Saudi officials to treat terrorist funds emanating from Saudi Arabia as a strategic priority”. Washington is critical of the Saudi refusal to ban three charities classified as terrorist entities in the US. “Intelligence suggests that these groups continue to send money overseas and, at times, fund extremism overseas,” she said. There has been some progress. This year US officials reported that al-Qaida’s fundraising ability had “deteriorated substantially” since a government crackdown. As a result Bin Laden’s group was “in its weakest state since 9/11” in Saudi Arabia. Any criticisms are generally offered in private. The cables show that when it comes to powerful oil-rich allies US diplomats save their concerns for closed-door talks, in stark contrast to the often pointed criticism meted out to allies inPakistan and Afghanistan. Instead, officials at the Riyadh embassy worry about protecting Saudi oilfields from al-Qaida attacks. The other major headache for the US in the Gulf region is the United Arab Emirates. The Afghan Taliban and their militant partners the Haqqani network earn “significant funds” through UAE-based businesses, according to one report. The Taliban extort money from the large Pashtun community in the UAE, which is home to 1 million Pakistanis and 150,000 Afghans. They also fundraise by kidnapping Pashtun businessmen based in Dubai or their relatives.
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  • “Some Afghan businessmen in the UAE have resorted to purchasing tickets on the day of travel to limit the chance of being kidnapped themselves upon arrival in either Afghanistan or Pakistan,” the report says. Last January US intelligence sources said two senior Taliban fundraisers hadregularly travelled to the UAE, where the Taliban and Haqqani networkslaundered money through local front companies. One report singled out a Kabul-based “Haqqani facilitator”, Haji Khalil Zadran, as a key figure. But, Clinton complained, it was hard to be sure: the UAE’s weak financial regulation and porous borders left US investigators with “limited information” on the identity of Taliban and LeT facilitators. The lack of border controls was “exploited by Taliban couriers and Afghan drug lords camouflaged among traders, businessmen and migrant workers”, she said. In an effort to stem the flow of funds American and UAE officials are increasinglyco-operating to catch the “cash couriers” – smugglers who fly giant sums of money into Pakistan and Afghanistan.
  • In common with its neighbours Kuwait is described as a “source of funds and a key transit point” for al-Qaida and other militant groups. While the government has acted against attacks on its own soil, it is “less inclined to take action against Kuwait-based financiers and facilitators plotting attacks outside of Kuwait”. Kuwait has refused to ban the Revival of Islamic Heritage Society, a charity the US designated a terrorist entity in June 2008 for providing aid to al-Qaida and affiliated groups, including LeT. There is little information about militant fundraising in the fourth Gulf country singled out, Qatar, other than to say its “overall level of CT co-operation with the US is considered the worst in the region”. The funding quagmire extends to Pakistan itself, where the US cables detail sharp criticism of the government’s ambivalence towards funding of militant groups that enjoy covert military support. The cables show how before the Mumbai attacks in 2008, Pakistani and Chinese diplomats manoeuvred hard to block UN sanctions against Jamaat-ud-Dawa. But in August 2009, nine months after sanctions were finally imposed, US diplomats wrote: “We continue to see reporting indicating that JUD is still operating in multiple locations in Pakistan and that the group continues to openly raise funds”. JUD denies it is the charity wing of LeT.
  • Paul Merrell on 24 Dec 15
     
    Question for Hillary: Since you have known at least since December, 2009 that these Arab nations are funding al Qaida and its offshoot organizations, if elected will you impose strong sanctions on them to halt their funding of terrorism?
Paul Merrell

Trump unveils new US policy for Afghanistan - nsnbc international | nsnbc international - 1 views

nsnbc.me/85699

war & peace U.S.-foreign-policy Afghanistan Trump

shared by Paul Merrell on 22 Aug 17 - No Cached
  • After years of deriding the U.S. war in Afghanistan as “complete waste”, U.S. President Donald Trump trumped his previous position and election promises on Monday, when he said he now believes it is in the United States’ interest to remain committed to Afghanistan. 
  • In an evening address from a military base outside Washington, U.S. President Donald Trump unveiled his administrations new policy without unveiling many details of it. Trump said his policy was base on a “condition-based” approach to defeating terrorism in the country and said the United States will no longer use its military to construct democracies or rebuild other countries in its own image. His goal, he said, is to stop the re-emergence of safe havens for terrorists to threaten America and make sure they do not get their hands on nuclear weapons. “We will not talk about numbers of troops or our plans for further military activities,” Trump told about 2,000 service members at Joint Base Myer-Henderson Hall. “Conditions on the ground, not arbitrary timetables will guide our strategy from now on. America’s enemies must never know our plans or believe they can wait us out. I will not say when we are going to attack, but attack we will.” Trump has reportedly approved up to 4,000 more U.S. troops in Afghanistan. Currently, there are about 8,400 U.S. troops in Afghanistan. Most are advising Afghan forces, though some are tasked with carrying out counterterrorism operations against groups such as the Taliban or the Islamic State’s Afghan affiliate. That number is down significantly from the height of former President Barack Obama’s troop surge, which saw nearly 100,000 U.S. troops in Afghanistan in August 2010. However, there has also been a significant resurgence of the Taliban and ISIS has entered the Afghan theater since.
  • Following Trump’s speech, Secretary of State Rex Tillerson released a statement saying: “We stand ready to support peace talks between the Afghan government and the Taliban without preconditions. We look to the international community, particularly Afghanistan’s neighbors, to join us in supporting an Afghan peace process.” Trump, in his address, put Pakistan on notice. “We have been paying Pakistan billions and billions of dollars at the same time they are housing the very terrorists they are fighting. But that will have to change and that will change immediately,” Trump said. Many perceived Trumps statement to “not allowing terrorists to acquire nuclear weapons” as a reference to Pakistan as well. The conflict in Afghanistan, a country with a factionalized unity government, with former war lords holding key government positions, and riddled with systemic corruption,  has dragged on for 16 years. It is becoming the longest U.S. war ever, since the September 11, 2001 “incidents” in the United States. It is worth noting that a growing number of U.S. Americans no longer believe in the “official narrative” about the events on 9/11 and would like to see an independent investigation. Expressing frustration Trump informed Afghanistan that the commitment by the United States is not unlimited and America’s support not a blank check. The American people, he warned, expect “to see real reforms and real results.” Trump’s policy announcement follows a months long review. However, there are many Afghan politicians including former President Hamid Karzai who are opposed to an increase in troops and who call for a political settlement instead.
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  • U.S. generals advised Trump to send several thousand more troops to break the stalemate and retake territory from the Taliban, which controls nearly half the country. Trump was reluctant to commit more troops to Afghanistan – not because of a willingness to facilitate peace with the Taliban, but because of his America first policy. Trump’s decision to trump his previous “the war is a complete waste” policy may have come after Generals and advisers explained the geopolitical value of Afghanistan – and maybe equally importantly – the value of Afghan minerals and other resources. Afghanistan holds one of the world’s largest lithium resources, among others, and Beijing would love to control as many of them as possible.
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