Danske Bank has announced that it is closing its branches in Russia, Estonia, Lithuania and Latvia as a result of suspicions of money laundering through its Estonian subsidiary.
This is stated in the message on the website of the Bank.
“We understand that a serious case of possible money laundering in Estonia had a negative impact on Estonian society, and we recognize that the Estonian branch, against this background, prefers to Danske Bank of Estonia ceased its banking activities,” says Jesper Nielsen, interim CEO of Danske Bank.
“Danske Bank for some time considered its future activities in Estonia, Latvia and Lithuania, as well as the activities in Russia. Danske Bank has decided to close all these activities”, – said the Agency.
Danske Bank is suspected of facilitating large-scale money laundering in its Estonian subsidiary through which in 2007-2015 was about 200 billion euros of dubious origin. Some of these funds were from Russia and other former Soviet republics.
The scandal has already led to the resignation of the head of Danske Bank Thomas Borgen, and several member countries of the EU began a revision of the rules governing the activities of financial institutions.
Suspicions of money laundering are investigated in Danske Bank in Denmark, Estonia, great Britain, France, Germany and the United States.
In September 2017, the newspaper Berlingske wrote that Danske Bank has 2.4 billion of the shadow from Azerbaijan. In July of 2018 has reported that between 2012 and 2015 the same Bank received 7 billion euros from Russia.
In early September, the media published information about laundering 28 billion euros of Russian money.
A source in Denmark claims that these funds were associated with Russian President Vladimir Putin and the FSB. Part has to do with the murder of Sergei Magnitsky in 2009, said the British businessman bill Browder, a former employer of Magnitsky.