The financial prosecutor's office said on Friday that the Nordic bank Nordea is indicted in Denmark for laundering some 3.5 billion euros from its Russian customers between 2012 and 2015.

The Public Prosecutor's National Unit for Combating Specialized Crime (NSK) said in a statement that “Nordea did not adequately investigate the transactions of the bank's Russian customers and ignored warnings about foreign exchange transactions in Copenhagen.” “The indictment concerns transactions totaling just over 26 billion crowns”, or 3.5 billion euros. The banking institution, which had recognized faults that caused money laundering, pleaded guilty to fraud in various lawsuits launched in the United States, and agreed at the end of 2022 to pay 2 billion dollars to close the procedures launched by