Danske Bank Linked to Azerbaijan Money Laundering: Berlingske
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Danske Bank was used by money launderers connected to Azerbaijan over a period of several years, newspaper Berlingske said on Monday.
- Berlingske cites “comprehensive material” that the newspaper has gained access to
- Danske’s chief counsel Flemming Pristed is cited by Berlingske as saying the case is “unfortunately another example showing that we during this period weren’t good enough at ensuring we weren’t used for money laundering and other illegal activities via our Estonian branch”
- Link to article in Danish: http://bit.ly/2gyA7pc (password protected)
- May 2016: Nordea, Danske Ordered to Improve Risk Management by Danish FSA
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283