Get your Politiken Edition subscription

The bank was hit with a DKK 155 million fine for ’mass archiving’ warnings and supplying cash to exchange kiosks. The judges also rebuked prosecutors for the sluggish handling of the case.

Bank found guilty after dumping 212,000 warnings in the trash

Illustration: Mads D'Alterio Djervig. Originalfoto: Pexels, Philip Davali
Illustration: Mads D'Alterio Djervig. Originalfoto: Pexels, Philip Davali

Updated with comment from Nordea

Nordea has been fined DKK 155 million for violating anti-money-laundering laws. That means the bank was acquitted on the vast majority of the case, which concerned transactions totaling DKK 26.8 billion. Prosecutors had sought a record fine of DKK 6.6 billion.

Nordea has denied wrongdoing from the outset and sought acquittal.

This is for subscribers' eyes only

But don’t you worry. Your Politiken Edition subscription is just one click away. We are looking forward to bringing you a handpicked selection of Politiken's stories - translated into English. Your subscription includes unlimited access to The New York Times.

Read more about Politiken Edition here
Already a subscriber? Welcome back. Sign in here
Edition 2

Most read

    1

  1. »Disaster waiting to happen«: Volunteers describe dangerous situations at traditional party for high school students

    2. 2

  2. The number of applicants to Copenhagen Business School has risen sharply this year

    3. 3

  3. He was nearly too human for the grandiose show he was putting on

    4. 4

  4. Mette Frederiksen’s condescending words cut much deeper

    5. 5

  5. The money keeps pouring down on the nation’s seniors

    6. 6

  6. He got his first bus fine at age 13. Now he owes the state 184,000 kroner

© All material on this page is subject to the applicable copyright law.Read policy