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Swedish Supreme Court acquits former Swedbank CEO Bonnesen in Estonia money laundering case

  • On Tuesday, Sweden's Supreme Court acquitted former Swedbank CEO Birgitte Bonnesen, overturning a 15-month prison sentence after ruling her statements were protected by freedom of expression.
  • An appeals court had convicted Bonnesen in 2024 of gross fraud over misleading statements made in October 2018 regarding anti-money laundering measures at Swedbank's Estonian branch.
  • Swedish public service broadcaster SVT alleged in 2019 that at least 40 billion kronor in high-risk transactions flowed through Baltic countries, causing Swedbank's share price to tumble and leading to Bonnesen's dismissal.
  • The Supreme Court described the interviews as "responses to questions of an investigative journalistic nature" and found her comments protected under "journalistic activity," stating she had been "fully acquitted."
  • This final ruling absolves Bonnesen of all criminal liability and reinforces the protection of speech in corporate communication, concluding legal proceedings that saw her initially cleared in 2023 before a 2024 conviction.
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Dagens Nyheter. broke the news in Stockholm, Sweden on Monday, April 20, 2026.
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