Yes. After the SVT's Mission Review in February of this year, uncovered the scandal, they would have found any suspicious transactions to a total value of 40 billion euro per year. Clifford Chance has found the transaction to a value that is more than ten times that of the higher - 413 billion, calculated at the current rate of the euro.
Some of the högriskkunderna've also got to set up the account in Sweden. Clifford Chance, to emphasise, however, that it is not able to determine that it is really been laundering money, only that the bank failed miserably in its job to prevent it.
the bank's management over the years, 2007-19, under different presidents, ignored the risks posed to the bank, would be used for the purpose of money laundering. The bank's chairman of the board, Göran Persson, said in a statement that the report will ”confirm the failure”. However, it says much more than that. It says, for example, to the subsidiaries in Estonia, latvia and Lithuania to the processed högriskkunder”. It was then that the bank of Estonia, accepted the högriskkunder who have become distanced from the other bank in the country.
The variety of the lines were ”gaps” in the information it provided to the board of directors regarding the work of the anti-money laundering and Clifford Chance, says that it is not possible to see from the minutes that the board was putting pressure on the leadership to come to the briserna.
the Picture that emerges is rather that of the management and the board of directors at any time did not want to poke too much into what was going on in the Baltic states. It wasn't a failure, but if the bank doesn't care about the risks, but that the customers, at any time, in order to be able to make money off of them.Birgitte Bonnesen, previously the managing director of Swedbank in stockholm. Photo: Jonas Eriksson, < / span>
a series of statements from October 2018 until February 2019, when the revelation came, it was incorrect or presented without adequate context. In other words, she went by the back.
the first step came on Monday morning: the board of directors announced that it was pulling out Bonnesens severance pay equal to a total of 26.6 million.
However, the bank's current management has a programme of over 150 points, which will help to ensure that the work of the anti-money laundering will be improved. A big part of this program is already implemented.<