Submitted on Friday 28th October 2011
Published on Monday 31st October 2011
Current status: Closed
Closed: Wednesday 31st October 2012
Signatures: 133
New Powers to Freeze Current Accounts and Assets of Corporate Bankers
The Government should give new powers to SOCA - the Serious Organised Crime Agency - to enable it to seize the assets of corporate bankers and top financiers who were in charge of banks at the time of the banking bailouts.
Bankers and financiers should be forced to return bonus money collected by them during the false wealth and fools gold years of 2002-2007.
This petition is about establishing new powers to do just that. (The new powers to be used in conjunction with the Inland Revenue in a bid to identify and track down such top earners based on tax receipts.)
Ideally, bankers' current accounts and assets would be frozen and a proportionate amount of money taken from each and returned to the banks that are now technically bankrupt.
Legislation is a blunt instrument, but privatising profits and socialising the loss is not on. I believe this proposal deals with the 'moral hazard' issue as well.
A referendum should be called before enacting the above.
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
18.116.37.31 Fri, 15 Nov 2024 04:59:16 +0000
