ABSTRACT
Swedbank carried out bank transactions of more than 37 billion with a high risk for money laundering over a five-year period according to private policing in terms of an internal investigation by fraud examiners from law firm Clifford Chance. When Clifford Chance presented their report of investigation, the new Swedbank board decided to withdraw her final compensation of 26 million Swedish kroner. Following the first SVT program, Swedbank engaged law firm Clifford Chance to conduct an investigation into the allegations that investigative journalists had presented and more broadly into Swedbank's Baltic banking business from January 2007 through March 2019. In addition to interviews, fraud examiners from Clifford Chance analyzed external payment transactional activities of high-risk nonresident customers of the Baltic subsidiaries. Clifford Chance has written a comprehensive and probably useful review report, although parts of what have emerged in the review report were already known.
