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Zone Owner
Staff member
Oct 25, 2006
Are HSBC culpable in the latest tax evasion schemes just uncovered by Panorama. If so why are they not being taken to court and more to the point why were they not dragged over the coals when this came to light in 2010. It is bad enough that only 1 person was prosecuted whilst others admittedly did a deal with HMRC and did pay some tax back. I can't see you or I getting away with such.

I have just heard that there are over 3200 staff looking into benefit fraud yet only 300 at HMRC looking into Tax evasion. Whilst I am behind those DWP staff 100% that find legitimate fraud surely the percentage they reclaim/stop is a **** in the ocean compared to what HMRC have gathered in with so few staff in comparison.

Also why was the EX HSBC chairman given a peerage and asked to work for the government AFTER this was all uncovered.

There are three separate questions there I guess so over to you guy's for your thoughts on all this.