The U.S. Justice Department said on Tuesday it will share $50 million in forfeited assets with Estonia in recognition of Estonia's assistance in the successful prosecution of Danske Bank and related ...

This move recognizes the vital role that Estonia played in assisting the U.S. government with the prosecution of Danske Bank, a major financial institution involved in a large-scale financial ...

Estonia has told Danske Bank to close its branch in Tallinn before the end of 2019 after a money-laundering scandal. Chief executive Thomas Borgen resigned last year after an investigation into ...

Under an agreement signed on Tuesday, the United States will allocate $50 million (€48.2 million) to Estonia from the fine imposed on Danske Bank for money laundering. The funds from the fine will be ...

Reuters reports that figures reflecting the possible scale of money-laundering through Estonia “have been emerging gradually over the last few months”. In September, Denmark’s Danske Bank ...

During that money laundering scandal, Danske pleaded guilty in late 2022 to bank fraud conspiracy, forfeiting $2 billion to settle the U.S. investigation. Under the agreement, Estonia will use the ...