Former Head of Danske Bank's Estonian Branch Found Dead
25 Septembre 2019 - 12:15PM
Dow Jones News
By Dominic Chopping
STOCKHOLM--The former chief executive of Danske Bank's
(DANSKE.KO) Estonian branch has been found dead, police confirmed
Wednesday.
Aivar Rehe, 56, headed the Danish bank's branch in Estonia,
where the troubled lender is embroiled in a huge money-laundering
scandal.
Danske is being investigated by authorities in Estonia, Denmark,
France and the U.S. over allegations that around $230 billion in
suspicious funds from Russia and other former Soviet states entered
Europe through its tiny branch in Estonia.
Mr. Rehe had been missing since Monday morning when he left his
Tallinn home by foot and disappeared. His family raised the alarm
and search teams had been looking for him since, but police warned
Tuesday that they had become concerned that his life and health may
be in danger.
Estonian Police and Border Guard Board spokeswoman Tuuli Härson
told The Wall Street Journal Wednesday that he was found Wednesday
morning close to his home and there were no signs of foul play.
"There are no signs of violence on the body and there is no
indication of an accident," a police statement said.
"In the interest of loved ones police won't go into more detail.
No investigation will follow."
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
September 25, 2019 06:00 ET (10:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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