• In February 2019,

    Uppdrag Granskning and SVT Nyheter revealed that Swedbank may have been used for extensive and systematic money laundering.

  • Between 2007 and 2015

    , at least SEK 40 billion was funneled between suspicious accounts in Swedbank and Danske Bank in the Baltics.

  • The transactions were made

    by 50 Swedbank customers who all showed clear warning signs of suspected money laundering.

  • During the autumn of 2018

    , an extensive money laundering scandal was unwound within Danske Bank.

    An external law firm had then gone through 6,200 foreign customers in Danske Bank's branch in Estonia and found signs of suspected money laundering.

    After that report, Swedbank's then CEO Birgitte Bonnesen assured that Swedbank was not involved in the scandal.

  • But through a leak

    , SVT has been able to map transactions between Danske Bank and Swedbank, which gives a completely different picture of the situation.

    These are companies that have their headquarters abroad but their accounts in Swedbank's branches in Estonia, Latvia and Lithuania.

  • In February 2019, the

    Ecocrime Authority decided to initiate a preliminary investigation against Swedbank regarding suspicion of unauthorized disclosure of insider information following reports that Swedbank's major shareholders would have received advance information about the suspected money laundering scandal that was revealed by SVT.

    After a raid on Swedbank's headquarters, the suspicions were extended to also apply to gross fraud.

  • In connection with Swedbank's

    general meeting at the end of March 2019, Birgitte Bonnesen was fired as CEO after several of the major owners announced that they did not want to grant her discharge.

  • Charges were brought against Bonnesen

    in January 2022 for gross fraud or gross market manipulation, as well as for unauthorized disclosure of insider information.

    On October 4 of the same year, the trial began where the prosecutor demanded two years in prison.