SOeIK charges ten ex-Danske Bank managers - report

Wednesday, 08. May 2019 15:49

Danish Public Prosecutor for Special Economic and International Crime (SOeIK) has charged ten former Danske Bank managers suspected of being involved in the bank's money laundering scandal, Berlingske has reported on Wednesday.

The charges come following home searches of all former executives, among which is ex-chief executive Thomas Borgen, the Danish newspaper said, adding that no current or former members of Danske's board of directors were charged. Borgen previously stepped down after an investigation showed some €200 billion of suspicious transactions passed through the bank's branch in Estonia.

Earlier, accounting giant Ernst and Young was reported to the police by the Danish Business Authority for shortcomings in its Danske Bank audit.

Related Links: Danske Bank A/S
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