The Danske Bank money laundering scandal arose in 2017-2018, when it became known that around €800 billion of suspicious transactions had flowed from Estonian, Russian, Latvian and other sources through the Estonia-based bank branch of Denmark-based Danske Bank from 2007 to 2015.[1][2][3] It has been described as possibly the largest money laundering scandal ever in Europe,[4] and as possibly the largest in world history.[5] It includes incoming funds from Estonia (23%), Russia (23%), Latvia (12%), Cyprus (9%), the UK (4%) and others (30%, more than 150 countries each of which account for a smaller part than the UK). Outgoing funds were distributed between Estonia (15%), Latvia (14%), China (7%), Switzerland (6%), Turkey (6%) and others (52%)
- ^ "Finantsinspektsioon: The internal report of Danske is clear evidence that backs up the earlier actions of the independent Estonian financial supervisor to stop breaches by the bank". fi.ee. 2018-09-19. Retrieved 2018-10-15.
- ^ "Investigations into Danske Bank's Estonian branch". Danske Bank. 2018-09-19. Archived from the original on 2018-07-11. Retrieved 2018-10-14.
- ^ Eva Jung; Michael Lund; Simon Bendtsen (13 October 2017). "ENGLISH: Links to dead Russian lawyer behind French money laundering probe against Danske Bank". Berlingske.
- ^ Coppola, Frances (2018-09-26). "The Tiny Bank At The Heart Of Europe's Largest Money Laundering Scandal". Forbes. Archived from the original on 2018-09-30. Retrieved 2018-10-14.
- ^ Kroft, S. (19 May 2019). "How the Danske Bank money-laundering scheme involving $230 billion unraveled". CBS News. Retrieved 2019-06-05.