aA
The central Bank of Lithuania says it has no information to confirm claims by Swedish media about the links of the country's financial group Swedbank and its bank in Lithuania with Syria's chemical weapons program.
Central bank has no info on Swedbank's links to Syria's chemical weapons
© DELFI / Andrius Ufartas

Vytautas Valvonis, director of the Bank of Lithuania's Supervision Service, confirmed that also information on this episode as well is being collected and analyzed as part of the wide-ranging international investigation into alleged money laundering via Danske Bank, Swedbank and other banks.

"Today, we have no facts or evidence to confirm the claims in the media. We are very cautious about such information, especially taking into account the ongoing wide-ranging investigation the Swedish supervision service is carrying out in cooperation with the Bank of Lithuania and the supervision institutions in other Baltic states. The information, including that on this specific episode, is being collected and analyzed," Valvonis told BNS Lithuania.

In his words, the Bank of Lithuania will hand over the whole investigation-related information to the Financial Crime Investigation Service responsible for for the investigation of illegal financial operations.

Sweden's Dagens Industri daily reported on Monday that based on the information it has, Sweden's Swedbank is linked to a transaction used to fund Syria's chemical weapons program.

According to the vz.lt news website, which was the first to report this information in Lithuania, the transaction involved Swedbank clients in Lithuania who entered into transactions with one or more clients of FBME, a bank with non-transparent reputation.

The US tax authorities are reported to have already provided questions to Swedbank over it sties with FBME.

According to Dagens Industri, FBME was closed in 2017 after being linked to Syria's chemical weapons program. The US tax authorities had blocked the bank's access to the US after FBME had been linked to illicit arms trafficking, drug trafficking, terrorist financing and money laundering. has found links directly to transactions against the Syrian nuclear weapons program.

redakcija@bns.lt , +370 5 205 85 20, Vilnius newsroom

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

Pandemic threats: how lockdown affected startups

The COVID-19 pandemic faced by the world paralyzed a significant number of businesses ....

Lithuania could apply for EUR 6.3 billion from EU recovery fund

The European Commission has proposed that Lithuania could apply for 6.3 billion euros from the new...

Kaunas opens for more street food

The Square of the Constituent Seimas and the Daugirdas Amphitheater are two new places where Kaunas...

Wizz Air resumes flights from Vilnius to Dortmund

Hungarian airline Wizz Air is resuming its regular flights from Vilnius to Germany's western city...

Market leader in credit management services plans to expand its team in Lithuania

Intrum , a market leader in credit management services , has decided to expand its global business...

Top news

Lithuania lifts self-isolation rule for travellers from 24 countries

Easing the lockdown measures, the Lithuanian government has approved that travellers coming from 24...

Veryga: most coronavirus victims had underlying diseases

The majority of the coronavirus victims in Lithuania had underlying health conditions when they got...

Only 3 new coronavirus cases in Lithuania

On Sunday, 3 new COVID-19 cases were detected in Lithuania. Since the outbreak of the pandemic,...

Baltrenas: we can help healthcare to develop medical intelligence

Lithuania's military intelligence is ready to help the country's healthcare system to bolster its...

Around 400 music groups join for special initiative

On Monday, the nationwide thank-you campaign ‘Thank you, Lithuania!’ has attracted a record...

|Maža didelių žinių kaina