Greens MEP Sven Giegold has told HSBC Bank to close its business in Malta if the country does not do more “to confront the scourge of money-laundering”. the UK based newspaper The Telegraph reports.
He said that if he does not see a change in attitude backed by proper action in Malta, he will launch a campaign calling on HSBC to quit the island.
Giegold was a member of the European Parliament’s committee of enquiry into money laundering and tax evasion.
He spoke with the Telegraph after coming to Malta as part of an EU Parliamentary delegation. He said that