11 Jan 2019
Bill Browder, founder and CEO of investment fund Hermitage Capital Management, said on Thursday he had asked French authorities to investigate Danske Bank over alleged money laundering, rather than treating it as a witness.
Danske Bank (DANSKE.CO) is already under investigation by authorities in Denmark, Estonia, Britain and the United States over suspicious payments totaling 200 billion euros ($229 billion) made through its Estonian branch between 2007 and 2015.
A Paris court began investigating Danske Bank in October 2017 after Browder said he had provided details of the Danish lender’s involvement in money laundering relating to a tax fraud which had been exposed by Sergei Magnitsky in Moscow, a lawyer who died in a Russian prison in 2009.
– By Jacob Gronholt-Pedersen, Reuters, 10 January 2019
Link to Reuters.
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