[ad_1]
News broke on Sunday that Nordea is suspected of money laundering, according to an investigation by journalists’ chain ICIJ, which includes Finnish Yle and SVT.
On Wednesday, SVT’s “Assignment Review” released new information about SEB.
Between 2007 and 2016, the main banks in the United States have warned about the 8.2 billion Swedish crowns that were channeled through the bank, a considerable sum that, according to SVT, “stands out.”
– SEB was slow to realize that banks’ expectations have changed. Failure to investigate your business will have consequences, says Graham Barrow, one of the world’s leading experts on money laundering, in “Assignment Review” and continues:
– In Scandinavia, we have seen that several managers have had to leave because they have not sent strong enough signals that their banks should get rid of all money that may be illegal.
Read more: Nordea suspected in new money laundering scandal
SEB rejects the accusations
In total, there are 57 SEB clients, most of whom are in the Baltic countries with ties to Russia, and where many have exhibited “classic features of suspected money laundering.” Among other things, clients have registered companies at addresses where they have not had any business.
The SEB itself has long stated that it has not received any indication that any money laundering has occurred at the bank to the level described by SVT’s “Allocation Review”. The leak is about suspicion reports, which are called SARs.
“SARs are police intelligence material that banks cannot comment on. It is also important to note that the leak does not necessarily show the whole picture of the story, in part because it only provides a subset of the reported SARs to the US government. US, “SEB writes on its website.
Read more: SEB: One of the banks mentioned
