A court of appeal in Sweden has sentenced former Swedbank CEO Birgitte Bonnesen to 15 months in prison over money laundering at the bank’s Estonian branch, BNS reports, citing AFP. The court found that Bonnesen had provided shareholders with false information about measures taken at the branch to prevent money laundering. The appellate court overturned a district court ruling, which acquitted Bonnesen of all charges in January 2023. Bonnesen intends to appeal the ruling. She served as Swedbank’s CEO in 2016-2019.
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