Comment regarding Mikael Ericson’s former role with Danske Bank
The ongoing Danish investigation regarding money laundering at Danske Bank’s branch in Estonia includes a large number of current and former employees at Danske Bank. The possible infringements which relate to Intrum’s CEO Mikael Ericson do not entail money laundering, but are rather connected with possible shortcomings in the routines for preventing money laundering during the time when the closure of the Estonia business was ongoing. Such shortcomings are not punishable under criminal law according to Swedish law. When Mikael Ericson took on the role as Head of International Banking at