The biggest mortgage provider of Sweden continues facing difficult times as its Chairman Mr. Lars Idermark has resigned a week after the dismissal of the Banks CEO.
The allegations against the bank have got major media coverage as it links the bank with the ongoing Danske Bank scandal.
Mr. Idermark stated that : “Following recent strong debate about Swedbank and questions about the bank’s control of suspicious money laundering in the Baltics, I have concluded that the media attention is not compatible with my CEO role at Sodra,”
Sodra is an large forestry project in which Mr. Idermark has a key role.