COPENHAGEN, Denmark – Denmark’s top prosecution authority says it has filed preliminary charges against the country’s biggest bank for “violation of the laws on money laundering.”
Morten Niels Jakobsen, the prosecutor for international economic crimes, said despite the initial charges against Danske Bank, his office is “still at an early stage” of its investigation, reported Brinkwire, which noted that in Denmark, preliminary charges are a step short of formal charges.
Danske Bank admitted in September that some 200 billion euros ($226 billion) had flown through accounts at its Estonian branch from 2007 to 2015, following reports of transfers from family members of Russian President Vladimir Putin.
“It is in our interest that the case is fully investigated,” said Danske Bank interim chief executive Jesper Nielsen in the Brinkwire report, adding that the bank will cooperate.