Dissatisfied investors sue former Danske Bank CEO for over EUR 335 million

Belgian firm Deminor has launched a suit against Danske Bank's former CEO on behalf of 155 institutional investors, demanding more than EUR 335 million (DKK 2.5 billion) after the Estonian money laundering scandal.

155 institutional investors are now suing Danske Bank's former CEO Thomas Borgen, demanding EUR 358 million (DKK 2.7 billion), as a consequence of the bank's money laundering scandal.

Deminor, which is leading the class action suit on behalf of the investors, spoke to FinansWatch.

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