Norwegian Police Arrest Two Nordea Employees over Alleged Loan Fraud

OSLO, 2 June 2022 - Following a thorough investigation into suspected loan fraud cases, Norwegian authorities arrested two Nordea employees on Thursday, 2 June 2022. This is the latest development in an ongoing probe into loans allegedly issued on false premises.

Details of the Investigation

• Nordea, the largest financial services group in the Nordic region, reported the case to the police earlier this year
• Authorities have been fully cooperative with the investigation, receiving critical information and support from the bank
• This marks the second round of suspensions and arrests in the Nordea case, with a total of four employees now detained as suspects

Timeline of Events

• Nordea discovered the alleged fraudulent activities several months ago
• The bank closely monitored the employees in question during an internal investigation
• The bank is not under investigation in this matter

Nordea’s Response

• The bank’s management issued a statement emphasizing Nordea’s zero-tolerance policy towards fraud, corruption, and other financial crimes
• Nordea is committed to reporting any suspicious activity to the authorities and cooperating fully in any investigation

Significance of the Case

• The bank’s proactive measures underscore the gravity with which financial institutions are confronting the issue of fraud
• This serves as a reminder that financial institutions must remain ever-vigilant and responsive in their efforts to combat potential threats