Swedbank To Allow Prosecutor To Question Lawyer Over Money Laundering

www.oann.com | 3/30/2019 | Staff
TimHyuga (Posted by) Level 3
STOCKHOLM (Reuters) – Swedbank has moved to end a spat with one of the authorities investigating possible money laundering at the bank’s Estonian business by granting permission for it to interview the lawyer who carried out an internal probe into the allegations.

The Swedish lender fired its CEO and its chairman resigned in the wake of the allegations being investigated by authorities in Sweden, the Baltics and the United States.

Chairman - Swedish - Prime - Minister - Goran

The new chairman, former Swedish Prime Minister Goran Persson, has promised full transparency.

But until now the bank has refused requests from Sweden’s Economic Crime Authority (ECA) to interview a lawyer who Swedbank employed to investigate its compliance with anti-money laundering regulations.

Swedbank - Board - Request - Economic - Crime

“Swedbank’s board has decided to meet a request from the Swedish Economic Crime authority to waive attorney-client privilege regarding attorney Erling Grimstad’s assignments for...
(Excerpt) Read more at: www.oann.com
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