Estonian Central Bank Exposed As $1 Trillion Money-Laundering Nexus

According to data provided to Bloomberg by the Estonian central bank in Tallinn, Estonian banks handled about 900 billion euros, or $1.04 trillion, in cross-border transactions - a figure that includes the highly suspect non-resident flows - between 2008 and 2015. The central bank added that it wouldn't be fair to say that all - or even the majority - of these non-resident flows would constitute money laundering. But then again, the notion that these foreign individuals and investors would choose to run such a large sum of their money through Estonia for explicitly legitimate purposes is difficult to swallow.

https://www.zerohedge.com/news/2018-10-03/estonian-central-bank-exposed-1-trillion-money-laundering-nexus