Anti British Bias Of Us Regulators Attacked By Labor Mp John Mann

By Author: jim mccarry
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The Member of Parliament of the Labor party, John Mann is going to call on the government to launch an inquiry into money laundering scandal, a day after the bank, Standard Chartered was accused by the regulators of the banks of United States of America of scheming-up with Iran to conduct secret transactions whose worth of 250 billion dollars which sums up to 160 billion pounds.
John a associate of the Treasury Select Committee, was of the view that he was very much concerned about the scale of money laundering, as well as also about an increasing anti-British bias by US regulators along with the politicians, which according to him was shifting the financial markets from the city of London to the city of New York.
Giving a statement he had to say that he had no truck whatsoever with the banks of the Britain who were profiteering from Iran and Burma, nor with the banks of the United States of America who were profiteering from drug and illegal arms money or the private accounts of the world dictators. He then added that the Parliament of the United Kingdom should instigate an unbiased as well as far reaching investigation ...
... into the matter of the money laundering issue in Britain, who were involving the banks of the country as well as were endangering the well-being of the interests of the UK and also the people of the country.
The Standard Chartered bank had rejected the claims of the United States of America that the bank along with Iran had so called schemed in order to conduct secret transactions with a worth 250 billion dollars that amounts to 160 billion pounds, insisting on the point that 99.9 per cent of the transactions were actually complied with proper regulations.
The London's listed shares of the bank had gone down by almost 24 per cent on Tuesday of the last week after the top financial regulator of the New York made claim flagrantly deceptive actions by the banks of the United Kingdom that had left the United States of America vulnerable to the terrorists, weapons dealers, drug kingpins and also corrupt regimes. Get cash easily thorough 1 month loan @ http://www.1monthloanuk.co.uk/ & meet all your urgent cash demands.
The representatives of the Standard Chartered said that it strongly rejects the position and also portrayal of facts by the regulator, and that 99.9pc of the transactions relating to Iran were complied with proper amount of regulations.