UK queen accused of drug trafficking

[Shinobi]

Britain’s financial regulator has fined the British queen’s bank for money laundering failures
as a French presidential candidate has said part of the queen’s fortune “comes from drug trafficking.”

The Financial Services Authority (FSA) has fined the British queen’s bank, Coutts Bank,
8.75 million pounds for failing to carry out correct checks on “politically exposed persons”
and prevent money laundering.

“The failings at Coutts were serious, systemic and were allowed to persist for almost three years.
They resulted in an unacceptable risk of Coutts handling the proceeds of crime,”
the FSA said in a statement posted on its official website.

The news comes less than a week after a fringe candidate for April’s French presidential election said
the British queen owed her fortune to drugs money laundered by “Jewish bankers in The City.”

On 21 March, Jacques Cheminade, an independent presidential candidate
running in the French election, said, “a part of the fortune of the Queen of England comes from drug trafficking.”

“No, not any property, there are several other sources.
But it is a series of trafficking in which, yes, there is trafficking drugs,”
Cheminade said on television LCP French National Assembly.

Known as the British queen’s banker, Coutts was criticised for “significant, widespread and unacceptable” failures,
as described by Tracey McDermott, acting director of enforcement and financial crime.

“The size of the financial penalty demonstrates how seriously we view its failures,” McDermott said.

ISH/PKH/HE

Source ~ http://www.presstv.ir/detail/233402.html

Side notes:

{ “a part of the fortune of the Queen of England comes from drug trafficking.” }
100% spot on.

{ The failings at Coutts were serious, systemic and were allowed to persist for almost three years. }
Only 3 years ? this has been going on since the dawn of time with them !

{ The news comes less than a week after a fringe candidate for April’s French presidential election
said the British queen owed her fortune to drugs money laundered by “Jewish bankers in The City.” }
100% spot on again you just cant make this shit up!

[FastTadpole]

East India Company comes to mind here..

Related:

Drug money saved banks in global crisis, claims UN advisor
http://concen.org/forum/showthread.php?tid=36511

The War On Drugs Is A $2.5 Trillion Racket: How Big Banks, Private Military Companies And The Prison Industry Cash In
http://concen.org/forum/showthread.php?tid=41195

Control the entire supply chain top to bottom. Drugs (Gambling, Underground Loans, Prostitution, 'Protection' Money, Corporate Espionage, Now Hacking .. etc..), Enforcement, Human Capital.. One hand feeds the other..

[thedude]

i actually agree with fast tadpole...what do you expect from a nation that created the global opium trade?

---

on further inspection...this story seems to be bullshit, it is only being carried by "fringe" sources- mainly conspiracy websites. i can not find it on any legitimate news website (not sure iranian tv citing a ridiculous statement by a fringe candidate in the french presidential election is a valid source...lollllll)

---

this is the only reasonable article i could find...and it does not speak of the fines. his statement is portrayed much more reasonably in this article:

http://www.ntn24.com/news/news/french-ca...-bri-11751

not saying he's wrong, i think it's pretty fucking likely she has made money of money laundering for drug ops....but at the same time, there is no actual evidence of this.

[Shinobi]

Hmm i'm not sure with you thedude ... one minute it's

Quote:i actually agree with fast tadpole...what do you expect from a nation that created the global opium trade?

then it's

Quote:on further inspection...this story seems to be bullshit, it is only being carried by "fringe" sources- mainly conspiracy websites.

as someone said to you on another thread .. semantics.

[sitra11ahra]

(03-29-2012 01:43 PM)thedude Wrote:  on further inspection...this story seems to be bullshit, it is only being carried by "fringe" sources- mainly conspiracy websites. i can not find it on any legitimate news website

What makes a news source legitimate? Corporate advertising dollars? Sexy news anchors? National recognition? Moving Banners on the bottom of the screen? A public relations pre packed story? In fact what is your definition of legitimate and what outfits fit your description? And in case you havnt noticed this is sort of a conspiracy site. Not entirely, but pretty much from what I've noticed.