Breaking News
Investing Pro 0
NEW! Get Actionable Insights with InvestingPro+ Try 7 Days Free

Danish woman charged over laundering of $4.5 billion in Danske Bank scandal

Stock Markets Dec 22, 2021 05:50AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: A Danske bank sign is seen on a bank's headquarters in Copenhagen, Denmark October 22, 2019. REUTERS/Jacob Gronholt-Pedersen/File Photo

COPENHAGEN (Reuters) -A Danish woman has been charged by Danish police in a money laundering case involving more than 30 billion Danish crowns ($4.55 billion) which was channeled through Danske Bank's Estonian branch, Denmark's public prosecutor said on Wednesday.

The 49-year old Danish citizen, who has ties to Russia, is currently in preliminary questioning at Copenhagen city court, where it will be decided whether she will be remanded in custody, the prosecutor told Reuters.

The woman had been extradited to Denmark from Britain, where she had been kept in custody, the prosecutor said.

The case, in which two other people have also been charged, came to the authorities' attention during an investigation into one of the world's biggest money laundering scandals at Danske Bank, Denmark's biggest lender.

Danske is being investigated by authorities in several countries after more than 200 billion euros in suspicious transactions flowed through its Estonian branch from 2007 to 2015.

A 47-year old woman was also remanded in custody in May in Copenhagen city court in the same case.

The three suspects are charged with laundering money through several limited partnerships, all of which had bank accounts in Danske's now shuttered Estonian branch between March 2008 and March 2016.

($1 = 6.5887 Danish crowns)

Danish woman charged over laundering of $4.5 billion in Danske Bank scandal
 

Related Articles

Britain's tax backdown bounces stocks and sterling
Britain's tax backdown bounces stocks and sterling By Reuters - Oct 03, 2022

By Tom Westbrook SYDNEY (Reuters) - Asian stocks bounced on Tuesday after Britain scrapped bits of a controversial tax cut plan, tentatively improving global market sentiment and...

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Hunt Richardson
Hunt Richardson Dec 22, 2021 6:00AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
why be satisfied with millions when you can have billions?
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email