Powered by

Danske money-laundering scandal looks bad on EU : Many warning signs involving a Danish bank ignored by regulators for more than a decade

Sep 22, 2018 - The Globe and Mail (Canada)
Board and Executive Moves

Got a load of dirty money and want to clean it up?

The great European Union laundromat awaits you. Estonia in particular has been a godsend to the millionaires and billionaires from Russia, Azerbaijan and other countries who want to add a dash of geographic diversity to their licit and illicit fortunes.

The Estonian laundromat has finally shut down, but the unscrupulous who used it had a great run. This week, following uncomfortable new revelations about the extent of Estonia's 200-b...