Monday, October 18, 2010

UK banks complicit in Nigerian corruption, report says


A report by the anti-corruption monitor Global Witness has accused four UK banks of accepting millions of pounds from Nigerian politicians accused of corruption.

Global Witness said the banks - HSBC, Barclays, Natwest and Royal Bank of Scotland - took questionable deposits from two Nigerian governors between 1999 and 2005.

HSBC said it was deeply disappointed by the "misguided" allegations.

See full Article.