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CRIME

Danish court jails woman in 4 billion euro money laundering case

A Danish court on Thursday sentenced a woman to jail for attempting to launder nearly four billion euros, the largest case of money-laundering in the Nordic country's history.

danske bank
Denmark has jailed a woman four attempting to money launder nearly 4 billion euros through Danske Bank's Estonian branch. File photo: Jacob Gronholt-Pedersen/Reuters/Ritzau Scanpix

The 49-year-old Lithuanian woman had confessed to the crime in police interviews, Denmark’s Prosecution Service said in a statement.

Between December 2008 and March 2016, nearly four billion euros were funnelled through a series of companies, all of which had accounts in Danske Bank’s Estonian branch.

“This is the largest amount we have seen in a money laundering case brought before a court in Denmark,” special prosecutor Lisette Jørgensen said in a statement.

“The woman had a role in a large money laundering complex built around 40 Danish limited partnerships,” Jorgensen added.

Using her expertise, she “made it possible for the companies to move money around in order to disguise their illegal origins”, the prosecutor said.

According to the prosecution service, two other defendants in the case have also been linked to the companies. 

One is a 49-year-old former Russian citizen who is in custody after she was extradited from the UK in December 2021, and the other is a 56-year-old Lithuanian man living in Denmark.

The Lithuanian woman sentenced Thursday was given three years and 11 months in prison for laundering millions in a separate case. 

Together with Thursday’s verdict, her total sentence is eight years in jail.

Prosecutors also said the case is connected a larger scandal involving Danske Bank, Denmark’s largest.

The bank is still recovering after it became embroiled in criminal investigations in several countries over some 200 billion euros in transfers that passed through its Estonian branch between 2007 and 2015, involving some 15,000 foreign clients, many Russian.

READ ALSO: Danish police drop money laundering case against Danske Bank directors

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CRIME

Denmark jails IS ‘wife’ for three years

A 35-year-old Danish woman was sentenced on Friday to three years in prison for entering Syria and promoting the Islamic State (IS) group's activities, prosecutors in Denmark said.

Denmark jails IS 'wife' for three years

During the mother of five’s trial, the prosecutor had argued that wives were a key part of IS.

“Even if you did not actively participate in the fighting, we assert that you can support the terrorist organisation by shopping in its supermarkets, by taking care of the children, by being a housewife,” prosecutor Trine Schjodt
Fogh said.

The woman, who pleaded guilty, was convicted of “having promoted the activities of IS, in particular by acting as the housewife and wife of a person who was active in the terrorist organisation,” the prosecution authority said in a statement.

She was also found guilty of having “entered and resided in al-Raqqa district in Raqqa province and Deir al-Zour province in Syria, which were defined as conflict zones during the period”.

The  woman, who is originally from the west of Denmark, arrived in Syria eight years ago, a journey she “bitterly” regrets, her lawyer Mette Gith Stage told news agency Ritzau.

“The last few years have been difficult for her, first in the caliphate, then in a prison camp and now in prison. She misses her children terribly and is eager for the case to end so that she and her children can move on,” the
lawyer said.

In October 2021, Denmark removed three women and 14 children from the Kurdish-controlled Roj camp in north-eastern Syria in a joint operation with Germany.

The three women were arrested on arrival in Denmark and have since been in detention and the trial that just ended marks the first of three.

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