Swedbank Laundering Case Explodes With Alleged Manafort Link (3)

The Swedbank AB money laundering scandal grew considerably more serious this week amid reports that the bank is now being investigated by U.S. authorities after potentially providing misleading information.

Former Trump campaign chairman and convicted felon Paul Manafort was among those to have received suspicious payments made through the Stockholm-based lender, the SVT network reported March 27.

The allegations pile pressure on Sweden’s oldest bank after reports that it was used to handle more than $10 billion in potentially suspicious transactions tied to the Danske Bank A/S Estonian laundering case. SVT is now reporting that the sums could be much ...