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CRIME

Body of slain British expat found in well

A Frenchman has been arrested on suspicion of murdering his British neighbour whose body was found at the bottom of a well in a Normandy village.

Body of slain British expat found in well
The village of Pierres in Calvados, Normandy, where the body of a British neighbour has reportedly been found.

Police have arrested a Frenchman suspected of killing his British neighbour by throwing him down a well near his home in Normandy.

The body of David King, 70, originally from London, was found at the bottom of the four-metre well in the village of Pierres by sniffer dogs on Wednesday.

The retired lorry driver had been missing since late October but police initially refused to open a missing persons case because they believed he had travelled abroad.

King's car was found abandoned in a nearby town in February.

The 28-year-old suspected of killing him was detained on Wednesday and told police he had had a row with his neighbour, said local prosecutor Carole Etienne.

"He admits he put the body in the well," she added, saying it was "highly probable" that the corpse was that of his British neighbour.

But "he has not yet explained the circumstances of the death. I have the before, I have the after, I don't have the in between."

Etienne said an autopsy would be carried out on the body of the Briton, who was believed to have been living in Normandy for the past 15 years.

The body of an Englishwoman, Patricia Wilson, who was believed to have been murdered in her home in 2012 in the south-western region of Aveyron, has never been found.

Her gardener, with whom she reportedly had an affair, has been in custody since August 2012 awaiting trial on charges of murdering her.

 

 

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BANKING

Danish bank to pay millions to end French laundering probe

Denmark’s largest bank has agreed to pay a multi-million sum to end legal pursuits in France linked to alleged money laundering in its Estonian subsidiary that resulted in heavy US penalties

Danish bank to pay millions to end French laundering probe

Danske Bank will pay €6.3million (47million kroner) to end French financial authorities’ investigation.

An independent auditor’s report published in 2018 alleged Danske Bank’s Estonian unit allegedly laundered some €200billion through 15,000 accounts from 2007 to 2015.

The payment was agreed on August 27th with France’s national financial crime prosecutors and validated by a court on Wednesday. The agreement does not involve any admission of guilt.

Danske last December pleaded guilty in the United States and paid a $2billion fine.

The bank last October set aside an amount roughly equal to its US fine in expectation of legal pursuits in several countries.

Probes are underway in Estonia, Denmark, and Britain.

France charged Danske in 2019 with organised money laundering, which it denied, saying it was unaware of its Estonian subsidiary’s activities.

Tracfin, the French finance ministry’s anti-money laundering unit, found suspect movements on two accounts linked to a Franco-Russian businesswoman who has since been handed a two-year suspended sentence.

At Wednesday’s hearing, Danske’s counsel Niels Heering said his institution was “happy to reach this accord which for us is a way to close this chapter”, adding that “cracking down on financial fraud remains a priority” for the bank.

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