Deutsche Bank Named in Danske Bank Money Laundering Scandal

[kreslik.news]

Reports on Monday suggest that Deutsche Bank is being pulled intothe ongoing scandal surrounding Danske Bank’s Estonian office.

A whistleblower at the Danish bank, a former Head of Trading named Howard Wilkinson, exposed an array of suspicious activity at the bank that took place between 2007 to 2014.

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It is thought that up to $250 billion of suspect funds were handled by Danske Bank’s Estonian branch in that time period, with illicit funds flowing in from Russia, Ukraine and Azerbaijan.

The scale of ... (read more)