Report: Major Swedish bank under US investigation for suspicious Russian money transfers (americanmilitarynews.us11.list-manage.com)
This article was originally published by Radio Free Europe/Radio Liberty and is reprinted with permission. Sweden's public broadcaster has reported that U.S. regulators are investigating one of the Scandinavian country's largest banks for suspicious financial transactions involving the Russian weapons manufacturer Kalashnikov. SVT said in a report published on November 20 that one of Kalashnikov's major shareholders, a Russian oligarch named Iskander Makhmudov, may have channeled more than 1 million euros ($1.1 million) to counterparts at a U.S.-registered affiliate called Kalashnikov USA. The transfers were handled by an Estonian unit of Swedbank, according to SVT. They allegedly occurred after 2014, when the