The leaders of bank giant HSBC faced questions and calls for their resignation from British lawmakers over the bank’s role in tax dodging and money laundering. The International Consortium of Journalists has reported HSBC used its private Swiss arm to hide more than $100 billion in accounts used by weapons dealers, tax dodgers, dictators and celebrities. British Parliament member Mike Kane questioned HSBC chair Stuart Gulliver.

Mike Kane: “Nobody is going to be punished for this. You, yourself, with your own tax affairs, looks like you’re at the outer limits of aggressive tax avoidance. Do you think you have the moral authority to carry on this changed process in HSBC?”

Stuart Gulliver: “I don’t think that the non-dom laws, which are quite clear, would represent aggressive tax avoidance, and I believe the changes that I have made to the firm clearly demonstrate the sincerity of my desire to actually improve HSBC.”