The newspaper has been in contact with several people from the bank's previous management who confirm that they have been contacted by law enforcement authorities.

- Yes, I have been contacted by the police.

It is too early to say anything more at the moment because the details are not yet known, says Priit Perens who was chairman of the bank in 2008-2015.

The suspected money laundering is linked to Mikhail Abyzov, a former minister in the Russian government.

A total of nine people from the bank's top management are now suspected of crimes.

This applies to seven board members who were active during the current period and two other senior bank managers, the newspaper writes.

All suspects deny the crime.

Unveiled in 2019

The criminal suspicions against the bank are also confirmed by Swedbank Sweden.

“Swedbank AS has now been notified of suspicion of money laundering.

The maximum fine for the suspected crime is 16 million euros ", it is written in a press release.

SVT's Assignment review in 2019 was able to reveal extensive suspected money laundering within Swedbank.

At least SEK 40 billion had been channeled between suspicious accounts in Swedbank and Danske Bank in the Baltics.

One of the people who appeared in the revelation was Mikhail Abyzov.

Revelations led to most of the management and the board being allowed to leave.

Finansinspektionen later gave the bank a record fine of SEK 4 billion.

The bank's former CEO Birgitte Bonnesen is now suspected of, among other things, fraud and the case is expected to go to court during the autumn.

Not personal benefit

Eesti Express writes that the case against Swedbank's management in Estonia differs significantly from the suspicions directed against Danske Bank's Estonian branch.

While customer managers at Danske Bank themselves are suspected of having made money by letting unreliable customers launder money at the bank, Swedbank's management in Estonia should not have personally benefited from the transactions that have taken place at the bank, according to the newspaper.

Assignment review reporter Joakim Dyfvermark, who worked on the revelation in 2019, is positive that the Estonian authorities are now moving forward in their investigation.

- The sums we saw that Swedbank leaked to the Russian Minister Abyzov, and other Russian authorities, were staggering - and that the bank management would not have seen that it was about money laundering, I have a very hard time believing.

But that question will now hopefully be tried in court.

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Here, Birgitte Bonnesen assures that Swedbank has not been involved in the large money laundering scandal that unfolded in the Baltics.