Lynch Admits She had Whistleblower's Evidence on Banksters

Chose not to prosecute HSBC despite money-laundering documentation

Jerome R. Corsi

NEW YORK – President Obama’s attorney-general nominee, Loretta Lynch, admitted to the Senate Judiciary Committee that her investigators in the money-laundering probe of HSBC were aware of evidence compiled by whistleblower John Cruz but she chose, nevertheless, not to bring criminal charges.

Lynch provided written answers to questions submitted by committee chairman Sen. Charles Grassley, R-Iowa, in a document posted on the panel’s website dated Feb. 18.

As WND reported, Lynch’s confirmation vote in the Senate initially was postponed after Sen. David Vitter, R-La., a member of the Senate Judiciary Committee, opened the investigation of Lynch’s role in the HSBC deferred prosecution after his staff quizzed Cruz, a former HSBC employee-turned-whistleblower whose trove of original evidence of money laundering was reported first by WND.

Cruz charged HSBC was engaged in a willful, criminal scheme to launder money for Mexican drug cartels and Middle East terrorists.

In response to Grassley, Lynch, as U.S. attorney for the Eastern District of New York, acknowledged Department of Justice “investigators did speak with and receive documents and information from Mr. Cruz.”

“Based on the in formation he provided, we took appropriate additional investigative steps, including requiring additional information from HSBC,” she replied to the senator.

“Investigators carefully considered the information he provided as we considered whether there was sufficient admissible evidence to prosecute violations at HSBC and whether any such prosecution otherwise would have been consistent with the principles of federal prosecution contained in the United States Attorney’s Manual,” said Lynch.

“Ultimately, HSBC entered into a DPA that required remarkable reforms based on Bank Secrecy Act and sanctions violations, and that explicitly provides no protection from prosecution for conduct outside of the Statement of Facts.


[E, RALA, long article with many links.]

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Doggone it, that was a good one, Algernonpj: "Now if only someone in power would follow up and prosecute."

Quote: algernonpj wrote in post #2

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Thanks for posting. Corsi does some excellent research.Now if only someone in power would follow up and prosecute.

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