November 1, 2018 / 11:58 AM / 17 days ago

Danske Bank, Nordea and SEB to be investigated over alleged tax fraud case

COPENHAGEN, Nov 1 (Reuters) - Denmark's tax minister has asked the Danish Financial Supervisory Authority to investigate Danske Bank, Nordea and SEB in connection to alleged fraud related to dividend tax for up to 12.7 billion Danish crowns ($1.94 billion).

"I'm not convinced the banks have lived up to their social responsibilities," the minister Karsten Lauritzen said.

$1 = 6.5475 Danish crowns Reporting by Teis Jensen Editing by Edmund Blair

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