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Why are the Hong Kong authorities still in awe of HSBC?

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Lord Hain believes that HSBC needs to be investigated for “possible criminal conspiracy” over money laundering for South Africa’s Gupta family who, in turn, are alleged to have unlawfully profited from ties to President Jacob Zuma. These allegations against HSBC follow a litany of other controversies that have given the…

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Click here to read the full story: South China Morning Post

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