”Swedbank want to ensure that the external audit meets the high demands and has decided to replace EY with Forensic Risk Alliance (FRA) to carry out the examination,” writes the bank in a press release.
the FRA will present the investigation to the ceo and the bank’s board of directors prior to the annual general meeting, held on 28 march.
The earlier decision to let the MARK keep in the audit has been criticized. The newspaper Business world reported the other day that the EY are subject to review in connection with the penningtvättsskandalen in Danske Bank.
It was SVT’s Mission review, which last week revealed the suspected money laundering. When the data was known collapsed Its share price sharply. The last few days the price has recovered slightly, but on Tuesday dropped it again.
At 10.30 am the share price had fallen by over 1% on the stockholm stock exchange.
During the Tuesday came the SVT also with new, more detailed, information on Swedbank’s baltic customers. The bank’s ceo Birgitte Bonnesen has several times said that the bank is betting on the domestic customers in the area, which represent a low risk of money laundering.
But the Swedish data indicate that several of the account holders in Estonia and Latvia, receiving large sums of money from the companies who exhibit clear signs of suspected money laundering.
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