Claims against Danske top $1bn
Financial compensation claims against Danske Bank for its role in the world’s biggest money laundering operation have now topped one billion US dollars. Denmark’s biggest bank is under investigation in several countries for…
MoreDanske Bank employees suffer crisis of confidence
The money laundering scandal, overcharging clients, links to the Russian mafia – staff at Danske Bank, Denmark’s biggest, face a serious erosion of morale that could hit the lender’s business amid a string…
MoreBusiness shorts
Handelsbanken warned about money laundering risks….Maersk’s ambitious CO2 target…Carlsberg raises profit projection… The Financial Supervisory Authority (FSA), the finance sector’s watchdog, has ordered Swedish Handelsbanken to improve oversight of customers at its Danish branch…
MoreGovernment tried to shut down Kofod controversy
The government tried to silence the Social Liberals’ (Radikale) gender equality spokesman Samira Nawa after she publicly criticised Foreign Minister Jeppe Kofod for having sex with a 15-year-old girl in 2008. Tabloid daily…
MoreEx-PM denies knowledge of child brides problem
Former prime minister Lars Løkke Rasmussen has rejected claims he was informed about the possibility of illegalities at the immigration ministry in 2016. In previous testimony to the Child Brides Commission, justice minister…
MoreDenmark dependent on Russian gas
Successive Danish governments’ dire warnings about dependency on Russian energy are about to become reality. New figures from partially state-owned Orsted reveal that half of all energy consumption in Denmark this year will…
MoreRussian ambassador criticises Danish Navy’s Arctic drill
Russia’s ambassador to Copenhagen, Vladimir Barbin, has criticised the Danish Navy’s participation in a British-led military operation in Russia’s exclusive economic zone in the Barents Sea earlier this month, saying it risks inflaming tensions in…
MoreBootleg cigarette trade booming after tax hike
The import of illegal cigarettes has risen dramatically since the government imposed new duties on all tobacco products on April 1st. According to security and consultancy company Eagle Shark, which monitors the ‘black…
MoreCopenhagen gets cheaper
Copenhagen has become a cheaper place to live – at least according to a new survey. From 7th on the British Economist magazine’s annual list of the world’s most expensive cities last year, the Danish…
MoreDanish businessmen in multi-million VAT fraud
The trial of two Danish businessmen accused of multi-million VAT fraud gets underway in Katowice, Poland, today. According to the 64-page indictment the two Danes, aged 53 and 59, are charged with, among…
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