Government has 'every confidence' in Lord Green
The Government has defended Trade Minister Lord Green over his links to HSBC as Labour repeatedly questioned his role in the bank’s money laundering scandal.
Lords Leader Lord Strathclyde said the Government had “every confidence” in HSBC’s former chief executive and added that there was no evidence of wrongdoing.
Responding to a Private Notice Question by Baroness Royall, he said: "His experience, expertise and enthusiasm provide great benefit to the UK’s international profile and to the support United Kingdom trade and investment provides to British business."
As well as being a minister in the Business Department, Lord Green is also an adviser on banking to Chancellor George Osborne.
Baroness Royall said Lord Green should disclose what he knew when matters were being investigated by the US Senate Committee, adding: "Would not such a move give Lord Green the opportunity to dispel once and for all the questions being asked about his present ministerial role?"