FRENCH PROSECUTORS SAY DANSKE BANK KEY ROLE IN RUSSIAN SCAM

French prosecutors have accused Denmark’s leading bank Danske Bank of playing an organised role in a Russian fraud and money laundering scam. Prosecutors, from the Paris High Court, allege that an Estonian branch of the bank helped to move EUR15 million “from organised fraud and tax evasion” in Russia into France and other European Union (EU) jurisdictions between 2008 and 2011. French prosecutors suspect the transactions were part of the wider EUR230 million fraud involving the Russian federal treasury that had been uncovered by tax lawyer and auditor ...


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