Federal prosecutors announced a plea deal and $2 billion forfeiture Tuesday with Danske Bank, one of Denmark’s largest banks, for illegally allowing foreign actors to funnel money through their branch in Estonia in order to gain unlawful access to the US financial system.
financial system from tainted foreign money – Russian or otherwise,” Deputy Attorney General Lisa Monaco said in a statement Tuesday. “Whether you are a U.S. or foreign bank, if you use the U.S. financial system, you must comply with our laws… Failure to do so may well be a one-way ticket to a multi-billion-dollar guilty plea.
What an honest bank, you are kidding. Let's hope other financial institutions follow suit. I'm sure there are many that often turn a blind eye to corruption when it suits their needs.
Money laundering still exists in most European countries and the West. This is a disgrace to humanity
One of many
It's not a bribe if you call it a financial penalty