US digs deeper into Deutsche role in Danske money laundering scandal

FRANKFURT/NEW YORK: The US Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank’s role in the €200 billion (US$220 billion) Danske Bank money laundering scandal, four people familiar with the inquiry told Reuters.

One source said the Department of Justice’s new line of inquiry is whether Deutsche helped move tainted money from Danske , Denmark’s largest lender, into the United States. If proven, that could lead to steep financial penalties.

https://anticorruptiondigest.com/2019/12/03/us-digs-deeper-into-deutsche-role-in-danske-money-laundering-scandal/