Danske Bank is startled by laundering scandal
Danske Bank is shaken to its foundations by a huge amount of money laundering in Estonia. Judges expect top executives to resign and end with a banknote note for the bank.
Thomas Borgen, CEO of Danske Bank, is under severe pressure from the bank's growing money laundering scandal in a branch in Tallinn 2007-2015. Stock Photography.
– The amount of the fine will largely depend on the amount saved by the bank. I expect at least a billion Danish crowns to be fined, although it may be more, says Jakob Dedenroth Bernhoft, money laundering expert and head of the Danish Revision Office, TT.