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Bankers get no jail time for terrorist financing yet soamli refugee gets 8 years for charity donation

 
Anonymous Coward
User ID: 1406520
Australia
12/17/2012 09:20 PM
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Bankers get no jail time for terrorist financing yet soamli refugee gets 8 years for charity donation
This past week, the Justice Department announced that HSBC Bank had agreed to forfeit $1.256 billion and “enter a deferred prosecution agreement” for engaging in money laundering that involved the financing of drug cartels and groups with ties to terrorism. The agreement indicated there would be no criminal prosecution. Not one bank executive or lower-level banker would be put on trial and possibly sentenced to jail for his or her role in allowing money to be transferred to drug cartels or terrorists.

Meanwhile, that same day, Nima Ali Yusuf, 26, a Somali woman who fled war-torn Somalia when she was a child, was sentenced to eight years in prison for sending $1,450 to “members of a terrorist organization in her native country.” The scale of the crime committed by Yusuf, who pled guilty to charges just over a year ago in December 2011, is incredibly minor and insignificant when compared to the acts engaged in by bank executives at HSBC


under 50% full article here
[link to dissenter.firedoglake.com]



They are not even trying to hide it anymore
Anonymous Coward (OP)
User ID: 1406520
Australia
12/18/2012 12:21 AM
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Re: Bankers get no jail time for terrorist financing yet soamli refugee gets 8 years for charity donation
bump
Anonymous Coward
User ID: 30191360
United States
12/18/2012 02:21 AM
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Re: Bankers get no jail time for terrorist financing yet soamli refugee gets 8 years for charity donation
This past week, the Justice Department announced that HSBC Bank had agreed to forfeit $1.256 billion and “enter a deferred prosecution agreement” for engaging in money laundering that involved the financing of drug cartels and groups with ties to terrorism. The agreement indicated there would be no criminal prosecution. Not one bank executive or lower-level banker would be put on trial and possibly sentenced to jail for his or her role in allowing money to be transferred to drug cartels or terrorists.

Meanwhile, that same day, Nima Ali Yusuf, 26, a Somali woman who fled war-torn Somalia when she was a child, was sentenced to eight years in prison for sending $1,450 to “members of a terrorist organization in her native country.” The scale of the crime committed by Yusuf, who pled guilty to charges just over a year ago in December 2011, is incredibly minor and insignificant when compared to the acts engaged in by bank executives at HSBC


under 50% full article here
[link to dissenter.firedoglake.com]



They are not even trying to hide it anymore
 Quoting: Anonymous Coward 1406520

I guess prisons are only for the people below the elite gods at the top. It is disgusting. They have ruined our country.

.
Anonymous Coward
User ID: 26453199
Australia
12/18/2012 04:10 PM
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Re: Bankers get no jail time for terrorist financing yet soamli refugee gets 8 years for charity donation
This past week, the Justice Department announced that HSBC Bank had agreed to forfeit $1.256 billion and “enter a deferred prosecution agreement” for engaging in money laundering that involved the financing of drug cartels and groups with ties to terrorism. The agreement indicated there would be no criminal prosecution. Not one bank executive or lower-level banker would be put on trial and possibly sentenced to jail for his or her role in allowing money to be transferred to drug cartels or terrorists.

Meanwhile, that same day, Nima Ali Yusuf, 26, a Somali woman who fled war-torn Somalia when she was a child, was sentenced to eight years in prison for sending $1,450 to “members of a terrorist organization in her native country.” The scale of the crime committed by Yusuf, who pled guilty to charges just over a year ago in December 2011, is incredibly minor and insignificant when compared to the acts engaged in by bank executives at HSBC


under 50% full article here
[link to dissenter.firedoglake.com]

+100
ruined societies all over the planet

They are not even trying to hide it anymore
 Quoting: Anonymous Coward 1406520

I guess prisons are only for the people below the elite gods at the top. It is disgusting. They have ruined our country.

.
 Quoting: Anonymous Coward 30191360

News








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