COPENHAGEN: The Danish headquarters of Nordea was searched last week by Denmark’s state prosecutor in relation to a money-laundering investigation into the bank, a Nordea spokesman told Reuters.
The Danish prosecutor has been investigating the Nordic region’s biggest lender in relation to money laundering risks since June 2016.
Nordea took a €95 million provision in April for a possible fine for alleged money laundering.
Both physical, digital documents and e-mails were seized during the search of the building in Copenhagen on June 12, said Danish newspaper Borsen, the first to report the news, citing anonymous sources.
Shares in Nordea fell around 2% after news of the raid broke.
The prosecutor declined to comment when contacted by Reuters.
The search was regarding “the combat of money laundering in relation to past customers in the International Branch,” Nordea said in a statement.
“We fully cooperate with the prosecutors to ensure that they have access to all relevant information,” said Frank Vang-Jensen, head of Nordea in Denmark.
Danske Bank, Denmark’s largest lender, has been embroiled in a massive money laundering scandal at its Estonian branch that has sent ripples across the Nordic banking sector.