Tags: APFN | EU | Estonia | Denmark | Money Laundering

Report: 10 Arrested in Estonia over Massive Money Laundering

Wednesday, 19 December 2018 05:40 AM

HELSINKI (AP) — The Baltic region's main news agency says ten former employees of the Estonian branch of Danske Bank have been arrested in connection with an ongoing probe into a major money laundering scandal that allegedly involved Russian money.

The Baltic News Service cites Estonia's prosecutors' office, saying the employees are suspected of "having knowingly enabled customers of the bank to move money entailed in suspected money laundering."

The prosecutors provided no names or other details but were expected to give more information later in the day.

The Danish bank admitted in September that some 200 billion euros ($227 billion) had flown through accounts at its Estonian branch from 2007 to 2015, following reports of transfers, including from family members of Russian President Vladimir Putin.

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The Baltic region's main news agency says ten former employees of the Estonian branch of Danske Bank have been arrested in connection with an ongoing probe into a major money laundering scandal that allegedly involved Russian money.The Baltic News Service cites Estonia's...
APFN,EU,Estonia,Denmark,Money Laundering
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2018-40-19
Wednesday, 19 December 2018 05:40 AM
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