German financial watchdogs had conducted a surprise raid on Deutsche Bank’s Frankfurt headquarter on Wednesday, the 25th of September 2019, over Danske scandal issue, while Frankfurt prosecutors told that the raid had been part of a broader investigation exercised in pursuit of critical intel linked to Danske money laundering scandal.
Aside from that, the German prosecutors had also added that the German financial watchdogs were probing whether the largest lender of Eurozone’s biggest economy, Deutsche Bank had aided in any kind of money laundering attempt or botched to alert authorities on suspicious transactions to smoothen up an escape of an illegal funnelling of as much as €200 billion euro.
In point of fact, Danish Danske Bank had been under investigation in multiple countries including its home Denmark, United States, UK and Estonia over suspicious transaction of more than €200 billion through its Estonian branch, when Deutsche Bank had believed to act as a correspondent.
Further inside the bid, according to the prosecutors, the raid started off on Tuesday (September 24th) morning and lasted till Wednesday (September 25th) evening, while the search for critical information linked to its €200 billion payment to Danske Bank’s Estonian branch included nine federal criminal polices and three prosecutors.
Meanwhile, adding that the Deutsche Bank had been cooperating throughout the process, a spokeswoman for the German lender said in a statement later on Wednesday (September 25th), “Deutsche Bank has comprehensively examined the facts of the matter and has voluntarily provided the requested documents as far as possible. ”