In the tourist shop on Main Street in a town on the islands, 147 different companies were registered.
Among them is the company Afford Asia, which has allegedly traded with one of the Danish limited partnerships that form the core of the money laundering case.
Like the suspicious Danish limited partnerships, Afford Asia was a customer of Danske Bank’s now closed branch in Estonia. A total of DKK 11.7 billion flowed through the account at Danske Bank.
This is stated by senior plaintiff Rasmus Maar Hansen, as he reviews part of the investigation at the court hearing.
– You can see branches to a number of companies, and the companies that are traded with are connected in a cobweb, the senior prosecutor remarks about the police’s perception.
One of the 42 limited partnerships was called Frisk Handel. In a short time, several people had power of attorney in the company. First a Russian woman, then a Ukrainian man and then an elderly Russian man in Moscow. While the director in Denmark, according to the police, was deployed as a straw man.
Frisk Handels owners were registered in Cyprus and the Seychelles.
According to police, there is a clear pattern:
– In our opinion, this is pro forma, what is going on in the limited partnership, the senior plaintiff notes.
According to the police, the purpose of the limited partners’ transactions was to spread a fog over where the money originally came from – and had nothing to do with real business.
One of the companies – Strand Handel K / S – had in one year incoming and outgoing transactions in the account in Danske Bank of the equivalent of DKK 2.7 billion. The profit was modest – 174 kroner.
It is buzzing with numbers, and sometimes, according to the police, there was also strikingly sloppy. In the company Umbrella K / S, the balance according to an annual report was 1,035,000 euros, but in the English version the exact same amount was entered in kroner.
Source: The Nordic Page