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Chapter 534, Hearing

At this time, the investigative hearing had been going on for nearly an hour.

Many senators, congressmen and assistants came to the scene one after another. They stood behind to listen if they didn’t have enough seats. They mostly agreed with Mr. Mo Yuxuan’s rigorous logic data and whispered in private to express their opinions.

Unconsciously, the private communication sounded, like 500 mosquitoes buzzing in their ears, making Senator Mark Warner, who was sitting on the rostrum, unable to hear clearly.

"Bang bang"... two sounds

He angrily knocked the table with a hammer, and the sound shook the audience, and said;

"Silent, this place is like a gypsy playground. If you sirs can't shut up and listen quietly, I will terminate the investigative hearing and hold a secret hearing behind closed doors on a certain date."

The boss spoke, and everyone on the stage suddenly became much quieter.

Wang Yaocheng obviously saw many senators or congressmen curling their lips, looking very despised;

It is obvious that Senator Mark Warner is making a big fuss with a chicken feather as a commanding arrow.

Who did not participate in several committees in the Senate and House of Representatives on Capitol Hill?

What Economic Development Committee, Intelligence Investigation Committee, Nuclear Disarmament Committee, Appropriations Committee, Aviation Supervision Committee, Energy Security Committee, Judicial Committee, Military Committee, Environmental Protection Committee...

I dare not say that there are many. There are always two or three hundred committees. Of course, the rights of the general committees are divided into different sizes. For example, the Appropriation Committee is an overweight committee, and there is also a military committee.

As for the Finance and Banking Committee, haha…

Seeing that order was much better at the investigative hearing, Senator Mark Warner nodded with satisfaction and announced that he had entered the next stage;

Senator questioned.

Follow

Senator Michael Bay launched an aggressive questioning, and the hearing became his one-man show;

HSBC involves American users and governments. Is it possible that sensitive information from corporate users may be leaked and endanger national security?

Why acquire South African Standard Bank? Where is the marginal line of HSBC's expansion?

Have you considered affecting the balance of the entire financial market?

As a London and Hong Kong listed company, has HSBC fulfilled its information disclosure obligations?

In the 2003 annual report, did we plan the prospects of mergers and acquisitions and explained in detail that if these obligations are not fulfilled... Why?

As a highly influential multinational bank in the financial industry, what kind of social responsibilities does HSBC have? Is it consciously and proactively fulfilling these responsibilities?

How do you view competitors Citibank, Bank of America and other banks?

Has HSBC considered market sharing and profit sharing, social turmoil and job opportunities brought about by the integration of the financial industry, and increased market exclusivity?

A series of questions were thrown to Wang Yaocheng and a fatigue bombardment was launched.

These questions were resolved step by step in Wang Yaocheng's rigorous logical answers. Senator Michael Bay's eyes flashed with dangerous light and asked maliciously;

"How HSBC ensures that bank accounts and transaction methods are not used by terrorists, criminals and other dangerous elements, thus endangering public safety and world stability."

Wang Yaocheng looked at the other party and was speechless.

This guy bit himself like a mad dog, trying to find his weaknesses from his words and focus on attacking him. He has to answer this question when he throws it to himself, and others cannot replace him.

"Okay, Mr. Senator, please allow me to take a sip of water before answering this question. After nearly two hours of answering, my throat was so dry that it was smoking, and I was dry and answering the questions."

As soon as this statement was spoken, the crowd burst into laughter.

These words obscurely accused Senator Michael Becht of being exhausted. What can you change if you stick to it like this?

There were so many people present at the public investigation hearing, and HSBC's reasons were completely tenable, and it was riddled with the accusations of the Ministry of Justice's monopoly mergers and acquisitions, rather than being able to conceal it by smearing and suppressing the big hat.

Anyone with discerning eyes can see that the accusation of the Ministry of Justice is completely unaffected, and it is only a matter of time before failure.

Senator Mark Warner, who was presiding over the hearing, politely made a gesture of "please give in". Senator Michael Bay had to keep silent, lying heavily on the chair and staring at Wang Yaocheng, trying to continue to put pressure.

Wang Yaocheng took the thermos handed over by Zhao Feng without changing his face and took a sip. The cold French foam champagne moistened the thirsty throat and made him feel refreshed.

He never thought that French foam champagne was so delicious, it was so refreshing and beautiful.

Pause

Wang Yaocheng answered the above questions without any haste;

"HSBC is a well-established international bank established in 1865. It has a long history and excellent reputation. It has always been internationally renowned for its professional banking services.

Since the issuance of paper notes in 1872, HSBC has been carrying the heavy responsibility of Hong Kong's economic development for 132 years and has never dared to slack off and has made indelible contributions to the financial security of Hong Kong Island.

From beginning to end

No one or institution, the state accused HSBC of promoting criminal activities, and there was no evidence to prove this. Fear comes from speculation and fantasy, and HSBC does not respond.

HSBC has always abide by rigorous international financial industry standards, and has fulfilled its review obligations as a multinational bank. It is impeccable in the development of related banking and financial business, and is fully able to accept the most stringent judgment standards.

But what I want to point out here is that HSBC is not the government, the police station, or the FBI, please do not put the relevant responsibilities on a commercial bank.

This is unfair and HSBC will not accept it.

For every bank user who comes to open an account, as long as he complies with international standards and does not walk into the bank with a gun, HSBC will provide the most comprehensive and high-quality services.

European and American legislation adheres to the inference of innocence unless the court does convict someone of crime and takes out a bank injunction.

Otherwise, HSBC will not refuse any citizen to open an account in the bank and handle related business. This is the right of every citizen.

Whether you are a terrorist or a criminal is in the hands of the court. If you receive official documents related to the investigation by the court or the police, HSBC will be happy to assist.

Before this

HSBC will not set a preset position, suspecting that someone or an organization is suspected of criminal activities, terrorist activities or other activities endangering social security. HSBC has no right or ability to identify them.

I don’t know if Senator Michael Bay agrees with this. If there are any questions that are of inaccurate meaning, please ask them if you want to ask them.”

Well……

Senator Michael Bay was helpless, shook his head and sat down on the chair dejectedly. There was nothing wrong with it. It was so difficult for you to find someone to come out!

After four and a half hours of the whole process, Senator Mark Warner, who presided over the hearing, officially announced the end of the hearing, and everyone breathed a sigh of relief.

As for the results?

The investigative hearing ends as soon as it is, mainly to answer questions of concern to the senators.

According to the procedures, the real result must be made by the Anti-Monopoly Bureau of the Ministry of Justice, and there is no result for the investigation hearing.

When I packed the documents and left Capitol Hill, Paulson came over and shook hands enthusiastically with Wang Yaocheng; "Hi, man, you did a good job today. I worked for a vain afternoon behind the table, but only answered two questions."

"Paulson, are you happy with me?" Wang Yaocheng's voice was a little hoarse.

"Haha, if you have the chance to go fishing together, we are the best partners, I'll see if I can break the historical record."

"Thank you for your invitation, my friend, why not?"

"Hahaha...it's a matter of determination."

Although Wang Yaocheng was exhausted, he was in high spirits. He knew that it was not easy for Paulson to come to help the platform today. Although it was just two problems, his statement of this magnitude was a decisive role.
Chapter completed!
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