Picture taken on March 22, 2019 shows Swedbank's CEO Birgitte Bonnesen during an interview in Sockholm, Sweden. Swedbank, in the focus of investigators in connection with a larger money laundering scandal, has fired its CEO Birgitte Bonnesen on March 28, 2019. — AFP / TT News Agency: Swedish lender Swedbank, which is embattled over allegations of money-laundering in Baltic countries, fired its CEO and suspended trading of the company’s shares on the Stockholm stock exchange Thursday.
Chief financial officer Anders Karlsson will serve as acting CEO until a permanent replacement is appointed. At the same time, Swedbank’s share was suspended from trade in Stockholm after losing a quarter of its value since Feb 18, the day before the reports of money laundering emerged.According to tabloid Aftonbladet, Bonnesen, whose position became untenable as the share price tumbled on Thursday, will receive a golden parachute of 21.5 million kronor .
Swedbank is suspected of favouring its 15 biggest shareholders by informing them two days in advance of a documentary that was to air on Swedish television claiming the bank was involved in money laundering.
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