Danske Bank was yesterday charged on four counts of breaking Danish money-laundering laws following a tremendous scandal at its Estonian affiliate.
The charges are in relation to the bank’s handling of so-called non-resident clients at the branch between 2007 and 2016, prosecutors have said.
It has been reported that the prosecutors have established a joint team with Estonian authorities to investigate the bank’s alleged money laundering. Chief prosecutor Morten Niels Jakobsen from the Danish serious economic crime unit reported that they are deciding on whether they should also bring charges in Estonia.
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