More than seven billion dollars legalized the largest Danish Bank Danske Bank through its Estonian branch. This statement on 5 July was the official representatives of the Danish authorities. According to some reports, among those billions were money from the fraud, which was discovered by the lawyer of Fund Hermitage Capital Sergei Magnitsky. This news again gave rise to speak about the capital of dubious origin, which is laundered in the Baltic banks. The owners of the major States, including Russian citizens, have long and actively use the services of “Baltic Laundry”, and then to invest the acquired dishonestly in the economy of the safest countries in the EU. But in recent years the banking sector of Estonia, Latvia and Lithuania were a major sweep, which affected not only foreign beneficiaries. “the Tape.ru” understood, what started Baltic campaign against dirty money and how local authorities are trying to deal with banks,”laundresses”.
In 2016, the UK, Germany, Spain, Italy and France have agreed among themselves and urged the entire European community to launch an uncompromising struggle against capital of dubious origin. To tighten legislation on money laundering and the financing of terrorism. The initiator of the tightening made by the UK, suddenly found themselves constantly working in the North. For many years the Russian citizens without any problems laundered through British banks huge sums. But until that time, preserved the status quo: money worked, all the participants of this scheme, including foreign banks, received their income.
although the situation seems to be all arranged, British intelligence never stopped to be interested in a questionable investment in the economy of the Kingdom. Worked as best they could — the hand nobody was caught, but something for me to clarify. Estimated that by 2018, the rich with a mysterious past invested in the British property market over four billion dirty pounds. And a quarter of this sum falls on the Russians.
Figures have shaken the British so much that they even thought about the expansion of the Magnitsky list. Oil poured into the fire, the story of the poisoning of former British spy Sergei Skripal and his daughter. Broke out loud political scandal, but the British, calling on all Europeans to fight against financial terrorism, could hardly have guessed that the Baltic mladoevropeytsy started a war with dirty Russian capital long before it became a worldwide trend.
Estonia, Latvia and quieter Lithuania has always been nice to the Russian heart and the wallet not only for reasons of good geographical location. The Baltic countries for many years called themselves “paleotsunami”, offering financial services to everyone. Here did not ask a lot of questions arrived from abroad businessman — taxes were low compared with Europe, the firm and the account can be opened in one day.
so did not have time in 2016 ink dried on the “Law on prevention of money laundering and financing of terrorism”, as in Lithuania published the first part of the “Panama records”. Among other things, it mentioned the offshore Empire (with assets of two billion dollars), owned by the Russian cellist Sergei Roldugin. It is known as a longtime friend of President Putin and the godfather of his eldest daughter. The compilers of the dossier was given to understand that all these facts are linked, but the President interview NBC News said it has nothing to do with money my friend, who is not only a good musician but also a successful businessman.
However, the control bodies were not Roldugina, and the four Lithuanian banks, which in 2011 spent the two billion dollars dollars. The money went mainly through the Bank Ūkio Bankas, who appeared in a scandalous story with financial fraud. In early 2013, the Lithuanian authorities have restricted the activities of the Bank because of its failure to meet the standard of liquidity. Then it was frozen some of its accounts, including the so-called “Magnitsky list”.
Later the head of the Lithuanian service of investigation of financial crimes Kestutis, Jucevicius said that the money did not stay in Lithuania, she was a kind of transit point. From the second part of the dossier, it became known that headed by Raldugina firm is also a client of the previously mentioned Estonian branch of Danske Bank, through which from 2011 to 2014 were laundered around $ 1.6 billion.
Data about the ownership of these money, the authors of the dossier did not provide: hinted at enterprises of the Russian defense industry, but the specific name was not called. The Bank was forced to admit that he went through a little over a billion euros, although the evil tongues in the banking sector have argued that it is a sum three times greater.
the Scandal has been a complete change of leadership of the Bank and the balayage of his dirty money, along with private clients, and at the same time with a sweep-residents fell and the local. Eliminated even the Russian version of the website of the Bank.
According to the Estonian police, which was investigating, from 2011 to 2016 through the Estonian banks were laundered 13 billion euros of dubious origin. Impressive amount, considering that the entire state budget of Estonia 10 billion.
the Required amount of evidence for a criminal case is not found, but after the scandal came to the public’s attention, other banks also hastened to be cleansed of money of dubious origin. The government has sent all financial institutions of the country menacing to the prescription requirement of rehabilitation client base, otherwise, has been promised a penalty of up to five million euros, and even liquidation.
as a result, over the past year, Bank accounts lost not only hundreds of non-resident companies, but also thousands of private individuals. Explained the closure of accounts just suspicious.
No arguments and explanations of the clients in calculation were not accepted. Russians, Belarusians, Ukrainians — all out! In struggle with suspect assets frozen, and then closed the accounts of even those entrepreneurs who came to work in the country, invested their money in the Estonian economy.
March 26, 2018 closed Versobank — it was owned by the citizens of Ukraine. The official version: a substantial and prolonged violation of the law in the field of combating money laundering and the financing of terrorism. The Bank had over five thousand clients. Two thousand of them — residents of Estonia. The total amount of deposits at the close of the Estonian branch of the Bank amounted to 253 million euros, or 1.5 percent of all Bank deposits in Estonia. The local financial market experts predict the same fate and other small banks.
Latvia last ten years successfully attracted investors trading even permit for certain investments in country’s economy. However, after she gave the hand to the EU, accusing him of condoning corruption, in Riga quickly realized that no money, in fact, it is not necessary.
to save face, a Parliament was held “the Law prohibiting work with foreign fictitious companies, are not able to confirm the availability of employees and a real business.” Purging those who are not able to confirm anything, Latvians moved on to depositors, who although could prove the existence of the business, but still seemed suspicious.
time to get rid of dirty money arrived, the report U.S. Treasury Department, accusing the largest Latvian Bank ABLV in money laundering. Shame the country has not experienced — the Prime Minister of Latvia Maris Kuchinskis even confessed to the world: “We can’t afford uncontrolled flow of money from countries that should be continuously monitored because of the risk of interference or influence”.
within a week after the publication of the report from the Bank withdrew 600 million euros and the credit institution has declared liquidation. By the way, the total amount of deposits of foreign customers to Latvian banks a year ago, reached almost six billion euros. This year during the Bank Stripping already closed about 19 thousand accounts of non-residents. This is not the limit.
Latvian bankers say that they have Russian dirty money also did not stop, and went in transit to other countries. Like it or not — it doesn’t matter. Definitely, in the Baltic banks of the money of Russian origin — that dirty that clean now will be much less.
the Question is: where are they going now? Do return home, for the good of the Fatherland? “I’m not going to return the money in Russia, where hard and stuffy to do business”, — noted in conversation with “Tape.ru” one of the Russian businessmen who have fallen under the closure of the accounts. He had just completed all of its business in Estonia shut down a local firm and fired all the workers.
“My money is not dirty. I earned them with his head. And all transactions I have transparent. One thing not in my favor: I’m Russian. However, I myself was going to withdraw from you. It became unprofitable here, taxes rose, shaking his checks constantly. All as in Russia. For my money there is still in this world’s pleasant places — Luxembourg, Liechtenstein, there is also the Cayman Islands. Georgia, incidentally, is also nothing,” admitted our source.
On the left. The EU money — from the dirty and laundered already. But Russia, it seems, will not return transferred from the capital. At least until, still quiet harbour and lovely heart.