6 stories found
The Swedish Supreme Court has overturned the fraud conviction of Swedbank's former CEO, Birgitte Bonnesen, bringing an end to the long-running case, according to a former finance regulator.
Birgitte Bonnesen, the former CEO of Swedbank, is on trial in Sweden to determine if she deliberately provided misleading information regarding money laundering allegations.
Sweden's Supreme Court overturned the fraud conviction of Birgitte Bonnesen, the former CEO of Swedbank, in a high-profile Estonian money laundering case. This decision clears her of charges related to the scandal that led to her dismissal.
Birgitte Bonnesen, former CEO of Swedbank, is appealing her conviction in the court of appeal, hoping the Supreme Court will overturn her prison sentence.
During a Supreme Court hearing, Birgitte Bonnesen's lawyer reportedly shifted focus to interviews given by the former Swedbank CEO to Swedish media outlets SvD and TT.
The Swedish Supreme Court is set to rule on whether former Swedbank CEO Birgitte Bonnesen should face prison for concealing the bank's money laundering issues, which originated from the Danske Bank scandal. The court has already established that Bonnesen withheld information.