Philip Hammond Archives - Jean-Jacques Cornish

Lord Hain warns companies against doing business with the Guptas

Jean-Jacques Cornish — Thu, 02 Nov 2017 22:00:00 +0000

British peer and former antiapartheid activist Peter Hain warns banks and companies to avoid dealings with the Guptas and President Jacob Zuma.

Hain’s asked Britain’s finance minister Philip Hammond to refer an unidentified UK bank to regulators for an investigation into possible involvement in alleged money laundering involving the Gupta family.

Lord Hain has not named the bank he’s targetted.

However the Financial Times says it’s HSBC.

The newspaper cites one person who has seen a letter Hain sent separately to the Treasury and the Financial Conduct Authority.

Hain says he hand-delivered documents to Chancellor of the Exchequer Philip Hammond that showed the participation of an unidentified British bank in illegal transfers of funds from South Africa made by the Gupta family over the last few years.

He warns companies doing businesses with the Guptas and President Jacob Zuma, who’s involved with them, that they will face similar probes.

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Britain’s Chancellor of the Exchequer seeks to reassure South Africa that Brexit won’t hurt their ties

Jean-Jacques Cornish — Tue, 06 Dec 2016 22:00:00 +0000

Britain’s Chancellor of the Exchequer, the Philip Hammond is in Pretoria today on a mission to deepen economic ties with South Africa.

He’s seen foreign affairs chief Maite Nkoana Mashebane and Finance Minister Pravin Gordhan.

Britain’s Finance Minister Philip Hammond will see business leaders at the Johannesburg Stock Exchange this evening and move on to Cape Town tomorrow.

He’ll meet investors into Britain at functions organized by the Tutu Foundation and the Nelson Mandela Foundation

Hammond will impress on them Britain’s commitment to forming even stronger global ties as the country prepares to leave the European Union.

He’ll make similar trips to Japan and South Korea next week.

South Africa is Britain biggest export market in Africa and bilateral trade reached nearly R 138- billion last year.

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Britons warned to leave Tunisia immediately

Jean-Jacques Cornish — Thu, 09 Jul 2015 22:00:00 +0000

Britain’s warned its citizens living or holidaying in Tunisia to leave the country as soon as possible
Foreign Secretary Philip Hammond says another terror attack is highly likely
The developing intelligence picture in Tunisia indicates that the risk to the estimated 3 000 Britons there is unacceptably high.
Foreign Secretary Philip Hammond says the Tunisian security response to attack on sunbathers in Sousse , which left 30 Britons among the 38 dead, and on the Bardo museum in the capital earlier this year, is inadequate
Further individuals under suspicion are still at large.
British tourist companies are repatriating their customers on commercial flights.
They’ve cancelled bookings to Tunisia till October

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