<< Back to Elections 2024

Vladimir Putin family used Estonian bank for money laundering: Report

Updated on: 27 February,2018 07:12 PM IST | Copenhagen
AP |

The paper shared details of the scheme with a group of anti-corruption reporters, among others

putin
Vladimir Putin

A Danish newspaper says a whistleblower warned the management of Denmark's biggest bank in 2013 that family members of Russian President Vladimir Putin and Russia's spy agency were using its Estonian bank branch for money laundering.

Denmark's Berlingske daily says today the leaked internal report indicated that the Danske Bank leadership knew "of far more serious conditions than previously stated." The paper adds that Danske Bank in 2013 shut down 20 Russian customer accounts following a whistleblower report alleging that its Estonian branch possibly had been involved in illegal activity.

The clients' identities were kept secret at the time. The paper shared details of the scheme with a group of anti-corruption reporters, among others. There was no immediate comment from Danske Bank.

Catch up on all the latest Crime, National, International and Hatke news here. Also download the new mid-day Android and iOS apps to get latest updates

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels