When the Swedish Economic Crime Authority, EBM, raided Swedbank for a second time in April this year, it unearthed an internal report, dated 12 July 2018, into the bank’s exposure in the Baltics, related to Danske Bank.
EBM says the report was not included in the list of documents Swedbank handed over to the Swedish Financial Supervisory Authority (FSA) in connection with the money laundering scandal.
Chief prosecutor Thomas Langrot has told Dagens Industri that it is likely the bank tried to mislead the watchdog and raises the question as to whether the bank has other reports, which it has not handed over.
The FSA says it cannot comment an ongoing investigation.
We are a small, but qualified team of graduates in politics, economics, English and classics dedicated to providing quality news digests in English that offer readers a first-hand look at the most important topics covered by the Swedish press. Here you will find a selection of the articles that are published in our Swedish Press Review.