Swedbank dirty money paid to Paul Manafort, claims report
The former Trump campaign chair is said to be among those who received suspicious payments via the lender
Stockholm — Accusations of money laundering against Swedbank grew more serious on Wednesday as Sweden’s main broadcaster published a report alleging the bank misled US authorities. Former Trump campaign chair and convicted felon Paul Manafort was among those to have received suspicious payments made through the Stockholm-based lender, broadcaster SVT also reported. Shares in the bank opened more than 5% lower in the Swedish capital, putting it at the bottom of the Bloomberg index of European financial stocks. The revelations suggest the laundering scandal engulfing Sweden’s oldest bank may be considerably broader in scope than previously thought. The news comes on top of reports alleging that Swedbank was used to handle more than $10bn in potentially suspicious transactions tied to the Danske Bank A/S Estonian laundering case. But the Swedbank amounts requiring closer scrutiny — transactions by so-called non-resident high-risk customers in Estonia — were as high as €20bn ($23bn) in ...
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