The is the major issue that the UK Labour Government have, and continue to, cover-up. In admitting this, they would have to admit that the action of Alistair Darling on the 7th of October severely affected British Citizens; in direct contrast to their marketing spin that they had in fact protected British Citizens.
On the 6th of November 2008, one month after they pulled the rug from under the feet of hard working British Citizens, Mr Ian Pearson stood up in the House of Commons and stated that there was no legal obstruction to opening a UK bank account without a UK address. British MPs were immediately informed that this was a misleading statement but there was never any investigation nor questioning about this statement. Indeed, after the statement UK Banks said they were 'puzzled' by the statement and even the Treasury in a Select Committee meeting said that they needed to investigate why it was so hard to open a UK Bank account with no UK address.
But the lie continues. Six months after the action taken by the Labour Government Alistair Darling an email from the British Ministry of Justice stated "The Money Laundering Regulations 2007, and other anti-money laundering and counter-terrorist finance legislation, are not a determining factor in banks’ decisions to make available UK personal current accounts or savings accounts to persons without an address in the UK." Far from being the truth, it is a direct result of the 2007 Money Laundering Regulations that Britsh Citizens without a UK address were, and still are, unable to open nor maintain a UK bank account.
By forcing British Citizens offshore the UK Government were washing their hands of the very people who bring large sums of foreign revenue into the United Kingdom. After then destroying their lives the UK Government then completely ignored the fact that an action taken by the UK Government was the single cause of their dilemma.
This damning proof of the Gordon Brown 'led' Governments refusal to take responsibility in a human disaster, of its own making, is demonstrated over and over.
The British Government, with Gordon Brown as its current figurehead, is guilty of financial genocide against its own people. Lives have been destroyed, families wrecked. And all because Gordon Brown wanted to look good at the G20 summit he was hosting as the time. The lies and coverup's over the UK Governments handling of this whole affair is shameful. Even more shameful that the opposition parties sat back and simply watched as well.