Chris Leslie MP, Labour’s shadow chief secretary to the Treasury, commenting on Lord Green’s decision to stand down as chair of TheCityUK’s Advisory Council, said:
“We need a full and frank statement from Lord Green explaining what he knew about what was happening while he was in charge of HSBC.
“There are also mounting questions for Ministers, which continue to go unanswered. Did David Cameron and George Osborne discuss tax evasion at HSBC with Lord Green? The Prime Minister failed to answer this four times in the House of Commons this week.
“Why did they appoint Lord Green as a Tory Minister months after the government received these files? Why have we only had one prosecution out of 1100 names? And why did George Osborne and the Treasury sign a deal with the Swiss in 2012 which prevents the UK from actively obtaining similar information in the future?
“It is time we finally had answers from David Cameron and George Osborne.”
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