Nordea Gets Drawn Deeper Into Nordic Dirty Money Scandal
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The biggest Nordic bank is the latest firm to be dragged deeper into the region’s growing money laundering scandal.
Nordea Bank Abp allegedly handled about 700 million euros ($793 million) in questionable funds, some of which are linked to the death of Sergei Magnitsky, who ended his days in a Russian prison after revealing wide-spread corruption. The allegations were made in a report by Finnish broadcaster YLE on Monday, which cited leaked documents covering 2005 to 2017.