March 27 (Reuters) – Swedbank Chief Executive Birgitte Bonnesen said on Wednesday that a search of its head office by Sweden’s Economic Crime Authority (EBM) was part of a previously announced investigation.

The authority launched an inquiry into Swedbank in February over allegations the Swedish bank informed some investors of a news report linking the bank to a Baltic money-laundering scandal before the information was made public.

“We will cooperate with EBM and we await the conclusions of the authority,” Bonnesen said in a statement.

Separately, the EBM said it had widened its ongoing probe to include suspected aggravated fraud after the raiding the bank’s head office on Wednesday.

“All in all the information paints a picture of Swedbank appearing to have spread misleading information

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