Thread by @DrDenaGrayson

🔥In what @billbrowder calls the "largest #MoneyLaundering scandal in European history," Danske Bank CEO Thomas Borgen RESIGNS after a probe uncovered $234 BILLION of suspicious transactions at its tiny #Estonian branch👉🏼“BILLIONS of rubles monthly." 1/

reuters.com/article/us-dan…

Way back in 2007, Danske Bank was criticized by the Estonian regulator and received info from Danish regulators pointing out: “criminal activity in its pure form, including #MoneyLaundering."🤨

#DanskeBank FAILED to do anything to stop it. Why not? Likely, b/c they PROFITED.🤬2/

In 2014 (7 years later!), a whistleblower at the Estonian branch said that #DanskeBank did NOT properly investigate the #MoneyLaundering allegations, which were not shared with its board.

Danske said that measures to get its business under control had been "insufficient."🙄 3/

🤣LOL...#DanskeBank claims its Estonian branch didn't employ anti-#MoneyLaundering procedures b/c it "had not migrated its Baltic banking activities onto the bank’s IT platform as this would have been too expensive."

IT cost too much, yet they raked in BILLIONS of rubles.🤬 4/

MASSIVE leverage that could be used to force #Danske to pay a *very* HEFTY fine👉🏼Danske does NOT have a banking license in the U.S., but banning U.S. correspondent banks from dealing with it would = *SHUTTING it out of the global financial network*.😎 5/

#MoneyLaundering

Anyone starting to notice how the shady banks and business fronts that were doing business with Putin's oligarchs and other criminal (#Mob) groups around the world are being exposed and punished⁉️

Me too. And it's GLORIOUS.😃

/end

https://twitter.com/DrDenaGrayson/status/1042489075771559937