Oil firm sues Danske Bank for NOK 130m

A Norwegian oil company claims that Danske Bank's precautionary measures should have prevented fraudulent transactions in Hong Kong.

BY SIMON KJÆR JENSEN

Norwegian oil company Edison Norway is claiming NOK 130 million (EUR 12.51 million) from Danske Bank in a lawsuit, with the former alleging that the bank should have stopped deceitful transactions, reports Norwegian business daily Dagens Næringsliv.

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