Report: Russia Laundered Millions via Danske Bank Estonia (Actually Billions of dollars)

[MelissaB]

Report: Russia Laundered Millions via Danske Bank Estonia

The Estonian branch of Danske Bank, Denmark’s biggest bank, closed the accounts of several companies in 2013 after realizing they had been used by a member of Vladimir Putin’s family and Russia’s intelligence service, FSB, to launder huge amounts of money, according to a leaked report.

A whistleblower had informed the bank’s Executive Board that the anti-money laundering procedures at its Estonia branch had completely failed and that the bank may “have committed a criminal offence” by aiding a company that had made several suspicious transactions and whose actual owners “included the Putin family and FSB.”

Danske Bank Estonia is already implicated in other money-laundering schemes, involving billions of dollars from Azerbaijan flowing through the branch, some of which ended up in the pockets of European politicians who praised the Baku regime, a chronic human rights abuser.

Another investigation - the Russian Laundromat - revealed that US $20–80 billion was moved out of Russia through a network of global banks, including Danske.

More: https://www.occrp.org/en/daily/7698-report-russia-laundered-billions-via-danske-bank-estonia

[MelissaB]

1. Another snip

One of its board members was Vladimir Putin’s cousin, Igor Putin, who also sat on the board of the Russian Land Bank, RZB, which was involved in the Russian Laundromat scheme.

One of Promsberbank’s shareholders was Alexander Grigoriev, a banker with FSB ties and one of the Russian Laundromat masterminders. He was arrested for money laundering in 2015.

Another shareholder was Alexei Kulikov, who was arrested in 2016 for “large-scale fraud.”

All three were linked to the so-called mirror-trades affair at the Deutsche Bank’s Moscow division, which ran a $10 billion “mirror trades” scheme that allowed selected Russian clients to convert roubles into dollars.

[MelissaB]

2. Not Millions...BILLIONs.

Link to tweet

Not Millions...BILLIONs. International financial investigator, L Burke Files, said “on a scale of 1 to 10 – it was an 11.”

[WheelWalker]

3. A few billions here... a few more billions there - pretty soon we're talking about real money.

[MelissaB]

4. Yeah, Russian Mob Money!

During the investigation the Danske Bank's branch conducted, an account manager flew to Moscow to find out who really owns Lantana but left the meeting at the company’s headquarters shaken and reported that the clients were “furious.”

A few days later, bank staff was warned by unidentified Russian-speaking people in Tallinn against "walking home alone at night."

Soon after, the Estonian branch closed the accounts of Lantana and 20 other companies with which it had exchanged very large sums of money - including some involved in the Deutsche Bank scandal.

Well DUH, you start choking off the Russian Mob Money three things happen: 1) you start working for them, wittingly or unwittingly 2) you become an Intel Target & threatened 3) you are murdered Why? Semion Yudkovich Mogilevich👈🏻that’s why - AltSeanSpicer’sMIC?

[Ilsa]

5. Azerbaijan? I do believe trump has an empty hotel in Azerbaijan, in

Baku, on the coast. Strangely, it isn't in a tourist area, but an industrial area.

[Wounded Bear]

6. K & R...for visibility...nt