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HSBC and the UK Financial Services Authority

How can we solve it? (keep it civilized)

Postby denizaksulu » Thu Apr 29, 2010 9:23 pm

Malapapa wrote:
denizaksulu wrote:
Malapapa wrote:
denizaksulu wrote:
Malapapa wrote:This was not mentioned as it was irrelevant to the FSA's request - which was to provide particular examples to support concerns regarding HSBC failing to respect the legal regime in the Republic of Cyprus.



Read what you write.


What are you blithering on about?



You blitherer , you wrote this:" The entire economy of the 'TRNC' is founded on stolen assets." and I responded. Yet you forget ALL the TC properties/land orchards that the GCs have appropriated.


Still not with you. What TC properties/land/orchards in the 'TRNC' have been appropriated by free Cypriots?



Dont tell me the lands left behind are not used by GCs. Is there something wrong with you?
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Postby Malapapa » Thu Apr 29, 2010 9:36 pm

denizaksulu wrote:
Malapapa wrote:Still not with you. What TC properties/land/orchards in the 'TRNC' have been appropriated by free Cypriots?



Dont tell me the lands left behind are not used by GCs. Is there something wrong with you?


There is nothing wrong with me. It's your powers of comprehension that are sadly lacking. I do hope, for your sake, that this is simply a sign of low intellect rather than the onset of dementia.

The lands left behind in the free areas are irrelevant to what the FSA has requested of me in relation to the HSBC's activities in the "TRNC".

Now please stop wasting my time.
Last edited by Malapapa on Thu Apr 29, 2010 10:48 pm, edited 2 times in total.
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Postby georgios100 » Thu Apr 29, 2010 9:51 pm

Malapapa wrote:Latest letter to the UK FSA...

Dear [FSA legal representative]

HSBC and the 'TRNC'

Further to your letter dated 10 March 2010, requesting particular examples which support my concerns regarding HSBC failing to respect the legal regime in the Republic of Cyprus, here is a link to a website set up by Aga Buyers Action Group (ABAG):

http://latchfords.spaces.live.com/defau ... =791402290

ABAG is a group of Britons who have fallen foul of fraudulent property schemes in the 'TRNC'. ABAG state that HSBC, amongst other businesses, have enjoyed commercial gain from their loss. The statement below appears in a post dated 18 February 2010:

"They are actively enjoying commercial gain from this act. For example, REMAX Estate Agents, but to name a few, the HSBC bank and other banks to which we paid our monies located in the U.S. & the U.K. aid, assist and benefit from the fraudulent property schemes of the pseudo state TRNC which seeks to harm and interfere (nicked our monies !) ."

The post describes the class action ABAG, together with a number of other British victims of financial crime in the 'TRNC', is taking in the US courts against Turkey under the Racketeer Influenced and Corrupt Organisations Act (RICO). It gives a disturbing insight into the level of corruption in the 'TRNC', with which HSBC, in operating there, is almost certainly involved. You may also find details of the ABAG US lawsuit of interest:

http://latchfords.spaces.live.com/blog/ ... 2275.entry

The entire economy of the 'TRNC' is founded on stolen assets. Quite apart from HSBC's inevitable direct involvement in financial crime, as a leading UK-based global bank, its very presence in the 'TRNC' lends a misleading veneer of respectability to a fundamentally criminal market where many Britons have been unscrupulously defrauded of their life savings.

I trust I have provided sufficient information for you to initiate an investigation into HSBC's activities in the 'TRNC' under the FSA's consolidated supervision. By not taking action the FSA will be willfully turning a blind eye to financial crime, a clear breach of the FSA's fifth statutory objective.

Further, given the UK's clear obligations, under the Treaty of Guarantee relating to Cyprus, to prohibit all activity having the object of promoting directly or indirectly the partition of the island, the FSA, as a governmental agency, has a clear duty to prevent HSBC from flouting the laws, regulatory regime and legitimate interests of the Republic of Cyprus by operating under the ambit of the illegal and breakaway 'TRNC'.

I am taking the liberty of copying this email to my MP, who has taken a keen interest in this matter on my behalf, as well as other concerned UK citizens in the constituency; all victims of crimes – financial or otherwise – that continue to be perpetrated in the northern part of Cyprus.

Yours sincerely

Malapapa


What an excellent piece of work my friend Malapapa. Congratulations.
I wish others would join in & sign petitions to help your cause. Thank you.

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Postby Malapapa » Thu Apr 29, 2010 10:36 pm

georgios100 wrote:What an excellent piece of work my friend Malapapa. Congratulations.
I wish others would join in & sign petitions to help your cause. Thank you.

Georgios100


Thanks for your kind words and encouragement, Georgios.
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Postby denizaksulu » Thu Apr 29, 2010 11:12 pm

Malapapa wrote:
denizaksulu wrote:
Malapapa wrote:Still not with you. What TC properties/land/orchards in the 'TRNC' have been appropriated by free Cypriots?



Dont tell me the lands left behind are not used by GCs. Is there something wrong with you?


There is nothing wrong with me. It's your powers of comprehension that are sadly lacking. I do hope, for your sake, that this is simply a sign of low intellect rather than the onset of dementia.

The lands left behind in the free areas are irrelevant to what the FSA has requested of me in relation to the HSBC's activities in the "TRNC".

Now please stop wasting my time.



You patronising nincompoop, you know what I am on about. Keep on playing the dumb-ass.
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Postby Malapapa » Sat May 22, 2010 4:39 pm

Latest letter to the UK FSA...

Dear [FSA legal representative]

HSBC and the 'TRNC'

Following the election of the new coalition government, committed to freedom, fairness and responsibility, and also to properly addressing the poorly regulated financial services sector, HSBC's irresponsible operations in the occupied part of Cyprus are now surely worthy of renewed and proper scrutiny.

Please refer to the class action in the USA against HSBC with respect to money laundering activities in the 'TRNC' which I believe is relevant. The full 29 page document can be downloaded from the US Tsimpedes Law Firm's website here:

http://tsimpedeslaw.com/

And by clicking the link: "Complaint against TRNC and HSBC Bank".

I look forward to hearing from you soon.

Yours sincerely

Malapapa
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Postby Acikgoz » Mon May 24, 2010 9:30 pm

Well I am sure you'll find the UK govt totally behind all things pertaining to the Eastern Mediterranean as the focus is on the altruistic rather than the perhaps tougher problems at hand.

It will could lead to an investigation into their operations - a good thing for us in the TRNC - but my tea leaves say they won't shut up shop (especially as they are making money).

Care for a wager, I'll give you a 3 year time horizon to sweeten the pot?
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Postby Malapapa » Mon May 24, 2010 11:19 pm

Acikgoz wrote:Well I am sure you'll find the UK govt totally behind all things pertaining to the Eastern Mediterranean as the focus is on the altruistic rather than the perhaps tougher problems at hand.

It will could lead to an investigation into their operations - a good thing for us in the TRNC - but my tea leaves say they won't shut up shop (especially as they are making money).

Care for a wager, I'll give you a 3 year time horizon to sweeten the pot?


I'm not really a betting man, Acikgoz. Bank-bating's a bit of sport on my part (and also a few associates) so let's just make it a sportsman's bet, shall we? Your three years is very generous. I think I've made discernable progress in just three months.
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Postby Acikgoz » Fri May 28, 2010 8:24 am

So you'd say they shut up shop within 3 years ceteris paribus, a gentleman's bet feels so pointless given how cheap words are on this forum, but hey you know the value of your work and its likelihood to pay off.
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Postby Malapapa » Fri May 28, 2010 9:29 am

Acikgoz wrote:So you'd say they shut up shop within 3 years ceteris paribus, a gentleman's bet feels so pointless given how cheap words are on this forum,


And a real bet now feels equally pointless, given the ungentlemanly behaviour of real betting forumers, such as Mr Frog.

Acikgoz wrote:but hey you know the value of your, work and its likelihood to pay off.


I know the value of my work; what I can't judge is the value of the FSA's work which up to now, has been demonstrably inadequate in regulating banking behaviour in the public interest.
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