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In page Sandy Flockhart:
"In 2012 he retired from HSBC,[2] coinciding with a settlement with the US authorities in which HSBC Mexico, of which Sandy Flockhart had been CEO, admitted to aiding the laundering of nearly US$1 Billion of drug traffickers funds.[3] Following his departure from HSBC the bank was reported to be initiating a bonus clawback process against Sandy Flockhart.[4]
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