Swedish bank’s offices raided in money laundering probe
28 Mar 2019

AP — Swedish authorities were raiding the headquarters of one of Sweden’s largest banks on Wednesday as part of an investigation into whether Swedbank was connected to a massive money laundering scandal in the Baltic countries.

Sweden’s Economic Crime Authority said chief prosecutor Thomas Langrot is probing whether 15 of Swedbank’s largest shareholders illegally received information about the bank’s connection to the money laundering scandal before Swedish television reported on the issue for the first time last month.

Swedbank confirmed the raid at its headquarters in near Stockholm.

“At this point of time, no individual or legal entity has been served suspicion of a crime,” the bank said in a statement. “We will cooperate with the authorities.”

Link to AP

Photo Source: Swedish Economic Crime Authority

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