Auditors Warned Danske Bank About Dodgy Clients, Money Laundering

Published: 03 November 2017

By OCCRP

Denmark’s biggest bank, Danske Bank, is alleged to have actively and knowingly helped highly questionable clients to elude the scrutiny of authorities, Danish newspaper Berlingske revealed on Thursday.

Reporters at Berlingske obtained a letter sent in February 2014 by Danske Bank’s internal auditors to two members of the bank’s executive board. The letter reportedly states that the Estonian branch of the Danske Bank had acted in clear breach of money-laundering regulations.