Suspicious cash flows through Estonian Danske Bank are twice as high

the Danish daily Berlingske Tidende reported Wednesday that his suspicious cash flow through the Danske Bank unit in Estonia could reach 53 billion. DKK, when about 25 billion cases were disclosed last year. DKK suspicious transactions

This time, the publication indicates operating information on the accounts of about twenty other companies in the Estonian branch, which, during the period 2007-2015 there There were suspicious transactions for 28 billion. DKK Experts who speak on the Daily News are looking at "obvious signs of money laundering", and the nature of the company and the transaction is very similar to the previously disclosed cases. In total, 20 new cases concern companies registered in Panama, Belize and the Virgin Islands and which do not have any real activity in Moscow

The Danish Banking Authority estimates it is too early to draw conclusions on the extent of money laundering in the Estonian branch. We have said repeatedly that the scale can be higher than previously calculated. Until the study is completed in September, it would be wrong to speculate on it. But there is no doubt that even a single crown is too important, and that we appreciate it very seriously, "says Anders Meinert Jorgensen, head of Danek Bank's compliance team in a public response. – We can not comment on specific business, but all customers of an original wallet that was closed a few years ago are the subject of an investigation. The institution is constantly informed of the results of the investigation. "

In September, the bank promises to publish an internal study on the potential for money laundering across the unit in Estonia.

The internal audit was launched after 2013. At the end of the letter, an employee letter on inadequate internal control and procedures to ensure the prevention of money laundering 2014 An internal audit was undertaken which revealed that internal controls were

2014-2015 the accounts of non-residents were closed at Danke Bank in the Estonian branch.

In 2017, In March, the media reported a possible money laundering 39, money from Russia via an office in Estonia.After the scandal, Danske Bank has extended its internal investigation.

At the end of last year, Danske Bank allocated $ 12.5 million. A fine of DKK (1.68 million euros) for violation of Danish laws s on money laundering.The bank recognizes the fine. Fine after 2015 Inspection of the Danish Financial Supervisory Authority

In May of this year, the Danish Financial Supervisory Authority (FSA) criticized Danske Bank for mitigating the money laundering more at an inspection in an Estonian branch and presented a list of 8 reprimands and 8 orders, 5 billion additional DKK (EUR 671 million) provisions. The FSA found in the bank "serious bank failures in a number of areas."

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