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Article

19 Mar 2013

Author:
Compiled by Business & Human Rights Resource Centre

HSBC money laundering allegations

Global Witness reported concerns that HSBC allegedly contributed to human rights abuses by “doing business with Mexican drug lords, terrorist financers and pariah states” in the following press release: “Outrage at vast HSBC profits and bonuses despite role in drug money laundering”, Global Witness, 4 Mar 2013. Business & Human Rights Resource Centre invited HSBC to respond. [HSBC sent us a response & other materials]