Govt to probe charges against HSBC India staff

The government would probe the allegation that HSBC India staff had violated safety rules against money laundering and terrorist financing, said home secretary RK Singh.

The government would probe the allegation that HSBC India staff had violated safety rules against money laundering and terrorist financing, said home secretary RK Singh.

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He also asked the Indian ambassador to the US, Nirupama Rao, to get more information on the probe being carried out by the US Senate, which found that the British bank's anti-money laundering compliance department was inadequately staffed.

"We need to get some more information from the Americans. We will get that very soon. This has been worrying us," Singh said on the reports that HSBC's India staff had come under the scanner for their deficient role as "offshore reviewers" of safety compliance.