Last Wednesday, Dutch banking giant ING announced that it was being sued by investors. They accuse him of financial losses linked to an agreement reached in 2028 with justice in an investigation for money laundering

Le Dutch banking giant said in a statement that “ING and some board members have received a subpoena in the Netherlands on behalf of investors who claim to have suffered financial losses.” In fact, the Dutch Public Prosecutor's Office had opened an investigation against ING, finding it guilty of “serious failures in the prevention of money laundering”. The prosecutor's office had estimated that the bank had “failed to prevent bank accounts belonging to ING customers in the Netherlands from being used to launder hundreds of millions of euros between 2010 and 2016”.

The damages claimed amount to around 500 million euros. The banking group has indicated that it will “defend itself” against “these allegations” and “against the damages claimed