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BALTIC U-TURN: ‘We won’t ask the US for a share of Danske Bank fine,’ says Estonia PM in backtrack

Premium February 18, 2021
ESTONIA REVOKED the licenses of crypto businesses

Estonia was the epicentre of the 2018 Danske bank scandal in which around €200 billion of suspicious transactions flowed from Estonian, Russian, Latvian and other sources, in what has been described as one of the world’s largest money-laundering scandals ever recorded.

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NEWS: Gazprombank, third largest lender in Russia, among 50 banks hit with new US sanctions

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

By Vish Gain for AMLi

Estonia’s new prime minister has announced that the country will no longer look to share in potential fines imposed on Danske Bank by the US government for a €200 billion money-laundering scandal in 2018.

After making history last month as Estonia’s first female prime minister, Kaja Kallas said recently that Estonia intends to end an existing arrangement with US lawyers to represent the Baltic country’s interests in the ongoing investigation.

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Premium

NEWS: Gazprombank, third largest lender in Russia, among 50 banks hit with new US sanctions

 Premium

NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

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