Friday, 12 February 2016

British Government Officials Accept Works of Art and Gifts from Corrupt Organisations

Politicians. Civil Servants. They're ALL "At It"!
There will be yet another sigh and rolling of the eyes from the general public on reading that Her Majesty’s Treasury bosses are, amongst others, routinely accepting gifts and expensive dinners with lobbyists from banks even whilst they were being investigated for some of the biggest financial crimes in history such as market rigging. The British Bankers Association (BBA) provided gifts and hospitality on 21 occasions with the permanent secretary to the Treasury Sir Nicholas Macpherson and his deputy John Kingsman. Amid continued retail banking market investigations and serious market manipulations investigations by the authorities into the non-stop illegal activities of the banking industry, senior civil servants were quite happy accepting gifts from the lobbyists of the very same banks involved. In fact, it seems that officials accepted freebies from Barclays and HSBC who are both members of the very same BBA which have been fined by the Financial Conduct Authority on no less than 49 occasions since 2012.

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