Finnish public broadcaster YLE will air a damning program on March 4 that reveals Nordea Bank’s alleged involvement in a multi-million-dollar money laundering scheme. The program will show how dirty money, mostly from Russian criminals, passed through Nordea, the biggest lender in the Nordic region.
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YLE to Broadcast ‘Big Information Leak’ on Money Laundering
Nordic financial authorities indicated in October that they had received documents from Bill Browder’s Hermitage Capital Management alleging Nordea had breached anti-money laundering laws.
YLE has now said on its website it will broadcast a program on Monday afternoon revealing how Nordea allegedly became a conduit of hundreds of millions of euros of mostly dirty Russian money. Nordea’s chief executive officer Casper von Koskull will also participate in another YLE program covering money laundering late Monday night.
Shares of Nordea tumbled 6.5 percent on the news, as fretful…