Gigantic Case Against Nordea Is Remarkable in at Least Five Ways

On Monday, a marathon trial begins in the Copenhagen City Court, where the prosecutor and Nordea will have to fight over whether the bank violated the law 10-13 years ago, and in particular: How much will it cost both to violate money laundering regulations for 26 billion kroner? Even though the authorities believe that top management knew what was going on, no one will be held accountable.

Whistleblower warned the Danish Financial Supervisory Authority at the 11th hour in the Nordea casePerhaps an entire lawsuit could have been avoided if a single person had not spoken out. Because in the unique case against Nordea for money laundering violations

Nordea was first reported to the police in 2016 in what has now resulted in an indictment for violating the Money Laundering Act.

The major Nordic bank Nordea risks a billion-dollar fine - but pleads not guilty. Marathon trial begins today.