07 Mar 2019
Bill Browder, an investor who campaigns to expose corruption, has filed a criminal complaint with Swedish authorities over Swedbank’s alleged link to a Baltic money laundering scandal involving Danske Bank.
Several European and foreign banks have been dragged into the Danske Bank scandal, which centers on suspicious transactions totaling 200 billion euros ($226 billion) originating from Russia and elsewhere that flowed through its Estonian branch between 2007 and 2015.
Swedbank, which said it had not yet seen Browder’s complaint, is already the subject of a joint probe by Swedish and Estonian financial watchdogs after a media report last month tied it to transactions through Denmark’s largest bank.
By Niklas Pollard, Helena Soderpalm and John O’Donnell, Reuters, 7 March 2019
Link to Reuters
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