German prosecutors drop probe into Deutsche Bank ties to Estonian dirty money scandal  - ICIJ
Simon Bowers - ICIJ 133d 2 tweets
Prosecutors fined the bank $15.8 million for its failure, on more than 600 occasions, to promptly submit reports that would have alerted criminal investigators to suspicious transactions. 


ICIJ 133d ago
German prosecutors will not pursue charges against Deutsche Bank staff suspected of helping launder dirty money, instead fining the bank $15.8 million, which is equivalent to just 0.06% of the $26.4 billion in total net revenues it generated last year.
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Thomas Pogge 132d ago
Germany fines Deutsche Bank which, with Danske Bank, was involved in facilitating up to EUR 230 billion in illicit financial transactions through its Estonian branch. The fine? EUR 13.5 million, 0.006%. Are you kidding?
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