This content is not available in your region

Swedish economic crime body says received report that Nordea breached money laundering rules

Text size Aa Aa

STOCKHOLM (Reuters) – Sweden’s Economic Crime Authority said on Tuesday it received documents from Hermitage Capital Management purporting to show that Nordic bank Nordea <NDAFI.HE> <NDA.ST> breached its responsibilities under anti-money laundering laws.

“We have received documents from Hermitage regarding money-laundering and we’re evaluating which authority should handle this,” a spokesman for the body told Reuters.

He said it had not yet opened a formal investigation.

Nordea had no immediate comment.

(Reporting by Johan Ahlander and Teis Jensen; editing by John Stonestreet)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.