Danske Bank's Laundering Profits Targeted by Danish Government
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As indignation grows over what may be the biggest financial crime saga in modern Danish history, politicians are looking for ways to ensure the country’s largest bank isn’t let off the hook.
Danish Business Minister Rasmus Jarlov says he wants to focus more effort on finding out just how much money Danske Bank A/S made on illicit dealings amid allegations that over $8 billion flowed through its Estonian unit in the years through 2015. Once identified, he says the government should confiscate those profits.