Igor Putin, the cousin of Russian President Vladimir Putin, allegedly laundered money, using for this purpose the branch of Danske Bank, the largest Danish bank in Estonia. This was reported by the Danish newspaper Berlingske referring to the report of the informant Danske Bank, which is also at the disposal of the British The Guardian and the Center for the Study of Corruption and Organized Crime (OCCRP).

The informant believes that the Estonian branch is cooperating with a company that belongs, among other things, to the "Putin family and the FSB" and has already conducted a number of suspicious operations, OCCRP.

It is assumed that Igor Putin laundered money using the company Lantana Trade, which in 2013 reported to the register of companies in the UK about the allegedly very small turnover, although in fact, through her accounts were huge sums. According to the expert on financial investigations, L. Berka Fileas, in this case, the failure of Danske Bank in tracking the origin of clients' money can be assessed "in 11 points on a scale of 1 to 10".

The Estonian branch of Danske Bank found out that the owners of Lantana Trade are connected with a number of Russian financial institutions, including Promsberbank, which lost its license in 2015, when the company itself was liquidated.

Igor Putin was on the board of Promsberbank together with Alexey Kulikov and Alexander Grigoriev. As noted by OCCRP, all three are involved in "mirror transactions" in the Moscow branch of Deutsche Bank, where a criminal scheme of $ 10 billion was organized.

In addition, Igor Putin was part of the management of the "Russian Land Bank", associated with the scheme "Russian laundry".

In 2013, Danske Bank closed the accounts of Lantana and another 20 firms with which it exchanged large amounts. The investigation of the activities of the Estonian branch continues. Earlier, it was reported about his involvement in other money laundering schemes - in particular, that billions of euros passed through accounts registered with front men from Azerbaijan.

Source: DW.