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CRIME

French court convicts 14 of migrant smuggling

A court in northern France jailed 14 members of a migrant smuggling ring

French court convicts 14 of migrant smuggling
Migrants boarding a people smuggler's boat on a beach near Dunkirk. (Photo by Sameer Al-DOUMY / AFP)

A court in northern France has sentenced 14 Sri Lankan nationals to prison for operating a migrant smuggling ring across Europe, as authorities across the continent try to crack down on the lucrative criminal networks.

The main suspect, accused of overseeing the operation from a grocery store in the village of Serifontaine, was handed a four-year prison term, with one year suspended.

Investigators determined that he set the prices and routes for moving migrants from Sri Lanka and Bangladesh across the continent from Ukraine, with the help of bribes to officials in Eastern Europe.

Another suspect, who is based in Britain but fighting extradition requests, was given a five-year sentence by the court in Beauvais, while the others were given lesser prison terms.

Smuggling gangs have flourished as increasing numbers of migrants have headed for Europe in recent years, with many hoping to cross the English Channel to Britain.

More than 45,000 migrants crossed the Channel from mainland Europe in 2022, surpassing the previous year’s record by more than 17,000, according to British government figures.

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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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