As is getting depressingly predictable we find with every scandal involving banks or other private sector corporations there is usually Conservative party involvement.
While these links may or may not mean anything, what they do clearly demonstrate is that the Conservative led government has extensive links to the City and to the financial sector.
The City makes up the lion share of donations to the Tory party. With this in mind how can this government possibly stay impartial?
How can this government inflict these harsh cuts on the most vulnerable people in society, while behaving like pigs with their snouts in the trough? Every single time there is something amiss like this, barely a scratch to the surface and the pus of Tory corruption oozes out.
Sir John Peace - Chairman Standard Chartered PLC:
Nominated for a Knighthood in Queens Birthday Honours list By David Cameron - Knighted in 2011 For services to Business and to the Voluntary Sector.
Sir John is also Chairman of Burberry group and Experian PLC. David Cameron's government awarded Experian PLC a lucrative government "Bounty Hunter" contract to hunt down supposed "benefit cheats". The company will receive a payment from the taxpayer for every "cheat" it identifies.
Peter Sands CEO Standard Chartered:
There is almost unanimous agreement in Europe bankers bonuses need to be curbed, however these measures are strongly opposed in the City. Banking chief executives, apparently led by Standard Chartered CEO, Peter Sands voiced their concerns about this directly with David Cameron.
They said that curbs on bonuses in the City will drive up salaries and spark "an exodus of talent" from London, to Geneva, New York or Hong Kong. Apparently the banks blandishments are said to have convinced George Osborne who is reportedly against these reforms.
In the aftermath of the Libor scandal, it seems that the Conservative led Government is siding with the banks. Behind the scenes the banking Industry is successfully bending the ear of Whitehall.
According to the Bureau of Investigative Journalism they are "confident that Britain’s financial services industry spent in excess of £92.8m engaging with the political process in 2011. And that over 800 individuals lobby Whitehall and regulators".
Monday June 25th Peter Sands Standard Chartered Chief Executive has breakfast with David Cameron, where he reportedly told Cameron what would most threaten the City, is if the UK left the European Union. It was after this meeting with Sands that Cameron started to backtrack on his vicarious atonement to the right wing of his party over an EU referendum.
Simon Lowth - Independent Non-Executive Director
Joined the Board of Standard Chartered PLC as an Independent Non-Executive Director on 1 May 2010. Simon is currently interim Chief Executive Officer of the pharmaceutical company AstraZeneca PLC. AstraZeneca PLC donates to the Conservative party.
Also has connections with McKinsey & Company, which is a revolving door for the Tory party. Many of McKinsey & Company's clients also donate to the Tory party.
Paul Skinner - Independent Non-Executive Director
Joined the Board of Standard Chartered PLC as an Independent Non-Executive Director on 3 November 2003. He is Chairman of Infrastructure UK, a division of HM Treasury, mandated to bring a strategic focus to infrastructure development in the UK.
David Cameron is the younger son of stockbroker Ian Donald Cameron and his wife Mary Fleur (née Mount, born 1934, a retired Justice of the Peace, daughter of Sir William Mount, 2nd Baronet). Connections with Cameron's family and Standard Chartered date back to the Chartered Bank of India, Australia and China which became Standard Chartered Bank in 1969.
Here we see "lobbying" rearing it's head yet again in connection with the financial sector and the Conservative party.
Angela Knight CBE (Former Conservative MP)
Angela Knight has been instrumental in the creation of the Finance Taskforce (BFT) – an elite group comprising senior representatives from HSBC, Lloyds, Santander and Standard Chartered.
Conservative Peer - Lord Chris Patten - Current BBC Chairman
"Please relay our heartfelt thanks to Lord Patten for his participation in our forum. He was fantastic!...From the moment I met Lord Patten at the Grand Hyatt upon his arrival he was gracious and easy-going…Lord Patten was kind enough to stay on at the end of the event to interact with our clients and senior executives, taking photos with his many admirers and speaking with as many people as he could…Many thanks for all your help throughout the planning of this signature event.
It was a huge success for Standard Chartered and I look forward to working with you again in the future."
Standard Chartered Bank
"We were absolutely thrilled with the evening as a whole. Mr. Patten was exceptionally cooperative, articulate and informative. Our guests are still commenting on how enjoyable the afternoon was."
-Julie L. Semmel, Clover Capital Management, Inc.
Iain Anderson, director, Cicero Consulting Inc
Aberdeen-born Anderson heads Cicero Consulting, which is believed to be one of London’s most powerful financial lobbying firms. Among Cicero’s clients, according to the Association of Professional Political Consultants register, are Bank of America Merrill Lynch, Barclays, HSBC, Morgan Stanley, Standard Chartered, the Swiss Bankers’ Association and TheCityUK.
Prior to running Cicero, Anderson worked on Kenneth Clarke’s two leadership bids for the Conservative Party. Living in Notting Hill, London, Anderson is a regular contributor to the Huffington Post, prolific tweeter on foreign affairs, business and politics and a self-declared aficionado of Nice, France, and the opera.Thanks to Margaret Thatcher who deregulated the banks, London has earned the reputation of being the money laundering capital of the world.
The UK's many laws and regulations have never been effectively enforced by financial regulators, the banks and other financial institutions know they can get away with paying lip service to the rules. The British Conservative-led Government is so indebted to the Financial sector, the shadow banks, the hedge funds, the venture capitalists etc for their financial funding to the tune of millions of pounds that isregularly paid into the Tories bank accounts that they have allowed their position to become heavily compromised. Is it any wonder why the Prime Minister, David Cameron has refused to order the full judge led independent inquiry into the Barclays Libor scandal that Labour have persistently called for? Cameron is absolutely terrified of what will be revealed about his party's connections to the Financial sector, this is why no real and proper Inquiry will be forthcoming. Cameron treats the British public with arrogant contempt, maybe it's about time our so-called investigative journalists done a full expose' on Cameron, Osborne and the entire Conservative party? (And any other party that has done wrong)
Sources:The Bureau of Investigative Journalism
Standard Chartered Bank
The Daily Telegraph