️<unk>️<unk>️<unk>️  MPs have accused bosses of HSBC of being <unk>utterly incompetent<unk> and evading responsibility for the Swiss tax dodging scandal. <unk> MPs have accused bosses of HSBC of being <unk>utterly incompetent<unk> and evading responsibility for the Swiss tax dodging scandal. Chris Meares, who ran HSBC's global private banking arm between 2006 and 2011, told the Public Accounts Committee he was not aware of alleged tax evasion taking place under his watch. Chris Meares, who ran HSBC's global private banking arm between 2006 and 2011, told the Public Accounts Committee he was not aware of alleged tax evasion taking place under his watch. ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• I don't take fairly direct responsibility for individual actions of people in Switzerland that I was unaware of.'<unk>But he added: 'I don't take fairly direct responsibility for individual actions of people in Switzerland that I was unaware of.' <unk> <unk> Chris Meares, who ran HSBC's global private banking arm between 2006 and 2011, told the Public Accounts Committee he was not aware of alleged tax evasion taking place under his watch. Chris Meares, who ran HSBC's global private banking arm between 2006 and 2011, told the Public Accounts Committee he was not aware of alleged tax evasion taking place under his watch. Chief executive Stuart Gulliver and HSBC board director Rona Fairhead also angered MPs by insisting they were oblivious to the wrongdoing in Switzerland, where staff allegedly helped wealthy clients including arms dealers and a blood diamond smuggler evade taxes between 2005 and 2007.<unk> Chief executive Stuart Gulliver and HSBC board director Rona Fairhead also angered MPs by insisting they were oblivious to the wrongdoing in Switzerland, where staff allegedly helped wealthy clients including arms dealers and a blood diamond smuggler evade taxes between 2005 and 2007. No one at the bank... has deigned to accept responsibility for what was massive, illegal terrible tax evasion.<unk> Either you were incompetent, completely and utterly incompetent, in your oversight duties or you knew about it... I don't believe you didn't know.<unk> ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ You are asking us to accept that Switzerland was off on a frolic on its own - that nobody in London knew what was going on<unk>. I can't believe that nobody knew the illegal actions that were taking place in Switzerland, and if they didn't know then they jolly well should have done. What we<unk>have essentially got is blind eye knowledge <unk>holding the telescope to the blind eye so that you in London didn't see what you suspected was...
<unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> <unk> Chairman of the BBC Trust was either 'incompetent' or aware of wrongdoing.