Danish prosecutors drop money laundering charges against ex-Danske Bank staff
08 Jan 2021

Danish prosecutors said on Thursday they had dropped charges against six former Danske Bank employees as part of an investigation into the bank’s involvement in one of the world’s biggest money laundering scandals.

Danske Bank is under investigation in several countries, including the United States, over some 200 billion euros ($246 billion) of suspicious transactions that passed through the bank’s Estonian branch between 2007 and 2015.

The Danish state prosecutor filed preliminary charges against nine former managers in 2019 accused of breaching Danish money laundering laws.

By Jacob Gronholt-Pedersen, Reuters, 7 Jan 2021

Read more at Reuters

Photo (edited): Jimmy Baikovicius [CC BY-SA 2.0] via Flickr

RiskScreen: Eliminating Financial Crime with Smart Technology

Advance your CPD minutes for this content, by signing up and using the CPD Wallet

FREE CPD Wallet