Estonian Danske money laundering probe grows to 10+ cases, $2 billion

TALLINN (Reuters) – Estonian prosecutors said on Thursday they had expanded an investigation of money laundering through Danske Bank’s (CO:) Estonian unit to cover transfers of up to $2 billion.

“We are investigating more than 10 cases with the total amount of up to $2 billion,” said a spokeswoman for the prosecutor general.

Danske Bank — which said in 2018 that some $200 billion of suspicious transfers had been made through its unit in Estonia — was not immediately available for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.