Swedbank's offices raided by SECA

Wednesday, 27. March 2019 11:44

The Swedish Economic Crime Authority (SECA) reported it started a raid of the offices of Swedbank AB's headquarters in Stockholm on Wednesday.

The government agency relating to the investigation into whether the largest Swedish lender broke insider trading laws by disclosing to its largest shareholders the news of the Danske Bank money laundering scandal before it was made public.

The Swedbank is already being suspected of being involved in the Danske scandal, as local media reported a document revealed the bank conducted suspicious transactions worth $4.30 billion.

Related Links: Swedbank AB
Breaking the News / MD