British trade minister fails questions

The former chairman and chief executive was in charge when Britain’s biggest bank ran accounts laundering money for Mexican drug barons and even Al Qaeda associates. The wrongdoing has been exposed by a US Senate inquiry.

However, when an urgent question was granted in the House of Lords yesterday – effectively summoning Lord Green to the despatch box – he failed to turn up.

The businessman has spoken only five times in the Lords since he was given a ministerial post two years ago. He is also an adviser on banking to Chancellor George Osborne.

Critics argue that he is happy to jet around the world at taxpayers’ expense but is unwilling to open himself to the kind of accountability expected of normal politicians.
Further concerns were raised yesterday when it emerged that Lord Green met senior figures from HSBC for dinner on January 9 this year.

Details of the talks are not known, but the meeting took place around the time the US Senate investigation was beginning.

Labour MP John Mann has called for his resignation, and even officials in the Department for Business are privately concerned at his refusal to face questions.

One said: ‘It looks awful and we are left having to say he has nothing to say. It is just arrogant. He thinks he is above scrutiny.’

Labour Treasury spokesman Chris Leslie said: ‘With his repeated refusals to answer questions about what he knew and when, Lord Green is treating Parliament and the public with contempt.’

MOL/JR/HE

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