August 9, 2019 / 3:21 PM / 10 days ago

Estonian prosecutor seizes 2 million euros from former Danske Bank employee

COPENHAGEN (Reuters) - Estonian prosecutors said on Friday that last month they had ordered a local court to seize around 2 million euros (£1.86 million or $2.24 million) from a bank account belonging to a former Danske Bank (DANSKE.CO) employee as part of an investigation into alleged money laundering.

The money was sitting in a Latvian bank account belonging to one of 10 former employees at the local branch of Danske Bank arrested by Estonian police last December, Estonian newspaper Eesti Ekspress reported.

A spokeswoman for the Estonian general prosecutor confirmed the news to Reuters on Friday.

Authorities in Denmark, Estonia, Britain and the United States are investigating payments totalling 200 billion euros ($224 billion) made through the tiny Estonian branch of Denmark’s largest bank between 2007 and 2015.

The 10 people arrested in December were alleged to have been part of a network that facilitated flows of dirty money through the branch.

Danske Bank declined to comment.

(The story changes date for the seizure to last month)

Reporting by Jacob Gronholt-Pedersen; editing by Jason Neely

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