10 Held In Estonia In Danske AML Scandal, Prosecutor Says
Law360, London (December 19, 2018, 2:02 PM GMT) -- Ten former employees of the Estonian branch of Danske Bank, which has been embroiled in a money laundering scandal, have been detained by the country's central criminal police force, Estonia's state prosecutor said Wednesday.
The suspects, who include a former division head and client relationship managers at the Danish lender, allegedly helped clients at the Estonian unit transfer suspicious funds through the bank in a “systematic and coordinated manner,” the prosecutor's office said. It added that it grew suspicious about the volume and pattern of the transactions and the lack of information about them.
The office of the prosecutor general said that...
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