Nordea Money Flows Questioned as Browder Seeks Nordic Probes
- Investor says $175 million of dirty money was sent to bank
- Nordic authorities are reviewing requests for investigations
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Nordea Bank Abp, Scandinavia’s biggest lender, now risks being dragged into a money laundering scandal that has rocked the Nordic and Baltic region.
Bill Browder, the U.K.-based investor tracking dirty money flows out of Russia, has filed complaints with Nordic prosecutors alleging he can pinpoint 365 Nordea accounts in Sweden, Denmark, Finland and Norway that received $175 million from shell companies set up to launder money and evade taxes from 2007 into 2013.