British-registered shell companies routinely used Baltic banks to launder millions of dollars, American-born financier Bill Browder told Bloomberg a day after the U.K.'s role in Danske Bank's Estonian scandal was revealed.
Browder, chief executive officer and co-founder of Hermitage Capital Management, made the claim on 21 September when the U.K.'s National Crime Agency (NCA) said it would look into the role of British companies. The Danish bank said U.K.-based businesses and people accounted for the second-biggest source of foreign clients after Russia at its...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.
In case you don't have a subscription yet - please visit our SUBSCRIPTION