[ad_1]
New leaks show that money laundering charges in Danske Bank's Estonian branch are much more serious than previously assumed.
Berlingske Business provided information on suspicious cash flow for 28 billion Danish kroner. The amount of money laundered in Danske Bank up to 53 billion NOK.
The new disclosure concerns the so-called Magnitsky case, where Russian officials and the criminal stole tax revenues, which were then channeled out of Russia.
Berlingske Business documented how suspicious funds from, among others, Moldova, Russia and Azerbaijan were routed through the Danske Bank branch in Estonia to the country. 39; Europe. The new leak shows that we have not yet fully understood the issue.
It is in March of last year that Berlingske Business wrote that $ 140 billion of black money had been expelled from Russia for laundering in European banks. According to Berlingske, NOK 7 billion of this money was transferred to the Estonian branch of the Danske Bank
Danske Bank subsequently admitted that their control was not sufficient
Azerbaijan and Putin [19659008]. The management was also informed that the family of President Vladimir Putin and the Russian intelligence services have laundered large sums through the bank.
And in June of this year, Berlingske was able to say that the Estonian department was also the bank of a company involved in a major arms trade between North Korea and Iran.
In 2013, alerts alerted the bank's management to problems and possible illegalities. An internal letter also warned in 2014 that the branch in Estonia had acted in violation of the money laundering rules and that the employees had helped hide the authorities' customers.
The case resulted in the closure of the Estonian branch, but it was only in 2017 that Danske Bank launched an internal investigation yet to complete
– Strange not punished [19659008] – Money laundering for more than 50 billion dollars is an astronomical sum, and this only makes it even more sensational According to the money laundering expert Jakob Dedenroth Bernhoft in Berlingske [19659014] the findings of massive money laundering have not yet produced consequences, with the exception of criticisms from the Danish Financial Supervisory Authority in Denmark and Estonia and some politicians . Earlier this year, the Danish Financial Supervisory Authority asked the bank to set aside 5 billion Norwegian kroner in a buffer.
Danske Bank will not comment on the new information. Anders Meinert Jørgensen, head of the group 's compliance, believes that it' s too early to decide on the extent of money laundering, but that he 's already said that' ' it could be bigger than expected.
(© NTB)
[ad_2]
Source link
