Financial Crime Financial Crime

Deminor leaves appeal avenue open after damages suit against Danske Bank chief fails

By Martin Coyle
  • 09 Nov 2022 13:47
  • 09 Nov 2022 13:47
A litigation funder that sued Danske Bank's former chief executive over the lender’s money-laundering scandal has said it will consider its appeal options after Danish judges threw the case out.
Deminor yesterday lost its $348 million claim against Thomas Borgen, who resigned as head of the Danish lender in September

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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