- Dr. Manfred Gerstenfeld
- Paper No. 973
Denmark’s largest bank, Danske Bank, has admitted that its Estonian banking subsidiary has been involved in what is probably the largest dirty money-laundering scandal in Europe’s history. In recent years, this deeply corrupt bank has boycotted several Israeli companies on “ethical grounds.” Israel should use the Danske Bank case as a key example of fraudulent anti-Israeli moralists. Revelations from further investigations into the bank’s misbehavior will likely result in many additional disclosures in years to come.