US EditionDeutsche Bank offices searched in money laundering probe
Authorities are probing suspected money laundering from 2013 to 2018 involving payments linked to Roman Abramovich and transactions via a Russian correspondent account.
- On Wednesday, enforcement officials searched Deutsche Bank AG offices in Frankfurt, Germany and Berlin, Germany; the Frankfurt public prosecutor's office was on site, and the bank is co-operating.
- The probe targets past dealings with Roman Abramovich, focusing on transactions from 2013–2018 first reported by Süddeutsche Zeitung.
- The Federal Criminal Police Office is conducting searches at Deutsche Bank premises, while the public prosecutor's office told Der Spiegel it is investigating previously unknown managers and employees.
- Shares fell over 2% after Deutsche Bank shares traded 2.7% lower as of 2:55 p.m., marking a setback for Chief Executive Officer Christian Sewing.
- Abramovich is best known for building his fortune in Russia's metals and energy sectors and buying Chelsea, while the European Union said he enjoys `privileged access` to Vladimir Putin.
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Again trouble over possible money laundering: Justice and BKA secure evidence at Deutsche Bank. The investigations concern earlier business relations. The time of the raid is piqued.
Money Laundering: German Prosecutors Search Deutsche Bank Offices
Officials confirmed that German prosecutors and police searched Deutsche Bank’s headquarters in Frankfurt and its Berlin office in an investigation into suspected money laundering, on Wednesday, January 28th.The probe is reportedly connected to the bank’s dealings with companies linked to Russian billionaire Roman Abramovich, who has been sanctioned by the European Union following the start of the Ukraine-Russia war. The Frankfurt prosecutor’s o…
According to the German daily "Süddeutsche Zeitung", the investigation would concern in particular the Russian oligarch Roman Abramovich, sanctioned by the European Union after the Russian invasion of Ukraine.
Associated Press FRANKFURT, Germany (AP) — German investigators searched the offices of Deutsche Bank, Germany's largest bank, on Wednesday in connection with an investigation into possible money laundering, authorities said. Prosecutors in Frankfurt said the investigation focused on "unknown employees" and the bank's past business dealings with foreign entities suspected of money laundering. Offices were searched in Frankfurt, where the bank is…
The Killeen Daily Herald
abc NewsGerman investigators search Deutsche Bank offices in money laundering probe
German investigators searched the offices of Deutsche Bank, Germany’s largest, on Wednesday in connection with an investigation into possible money laundering. Prosecutors in Frankfurt said that the probe focused on the bank’s prior business relationships to foreign entities which were…
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