The business publication Äripäev disclosed the scheme by which Azerbaijani companies close to the top of the government withdrew 2.5 billion euros from the country through the Estonian branch of Danske Bank. As the newspaper writes, impressive amounts were laundered not only for personal enrichment, but also for paying positive feedback from European politicians. Details in the plot of the “Current Camera”.
At the same time, fines for money laundering in Estonia are ridiculously small, considering how much money went through the bank. The maximum penalty for legal entities in this case is 32 000 euros. The Ministry of Finance has already passed a bill to parliament that will tighten the punishment.
