Bloomberg News

Danish FSA Reports Bank Directors to Police for Favorable Loans

October 04, 2011

Oct. 4 (Bloomberg) -- Denmark’s Financial Supervisory Authority has reported two former bank executives to the police for offering each other favorable loans worth at least than 30 million kroner ($5.3 million).

The directors, whose names and former employers weren’t identified, gave personal loans and loans to each other’s real estate companies in the period 2004 to 2009, the Copenhagen- based FSA said today in a statement on its website.

To contact the editor responsible for this story: Christian Wienberg at cwienberg@bloomberg.net


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