No probe into Swedbank over Browder complaint

epa07477997 A view on the Swedbank bank building in Vilnius, Lithuania, 30 March 2019. EPA-EFE/TOMS KALNINS

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The Swedish Economic Crime Authority said on Monday it had decided against opening a probe into Swedbank in relation to a criminal complaint over money laundering allegations brought by Bill Browder, an investor campaigning to expose corruption.

Browder on March 4 filed a criminal complaint with Swedish authorities that Swedbank accounts had allegedly be used to launder money to the tune of $176 million between 2006 and 2012.

The Swedish Economic Crime Authority said in a statement that all transfers to Swedish accounts in Swedbank are deemed to have taken place so long ago that reported acts have passed the statute of limitations.

Via Euronews

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