The list of violation committed by HSBC CEO is growing and he is yet to respond to the four letters we sent to him.
The OSH Committee is the direct responsibility of the HSBC CEO, Mr. Mukhtar Malik Hussain. He has a legal and moral obligation to comply with the laws here in Malaysia but he continues to violate the Occupational Safety and Health Act 1994; Safety and Health Committee Regulations 1996, Part V.
In our letter to him today, we informed him that he has breached Regulation 30 (a) of the Act, whereby he failed to comply with the mandatory requirement to furnish or make available the OSH Act and all subsidiary legislation made under the Act to each of the OSH Committee member.
A person who is found not in compliance with the above regulations shall be guilty of an offense and upon conviction, shall be liable to a fine not exceeding five (5) thousand Ringgit or imprisonment for a term not exceeding six months or both. This is stated under Regulations 32 of the OSH Act.
When the HSBC Bank was found guilty of the money laundering activity, none of the top management were penalised. This only goes to show the quality of the top management, yet, when the subordinates make a minor mistake, it is amplified and the worker dismissed. This lackadaisical attitude of the CEO is a growing disease in HSBC globally.