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‘Dangerous’ bank robbers still on the run

The search for the three masked men who robbed a bank in western Sweden on Tuesday morning continued through the night, with police warning the public that the men are armed and dangerous.

'Dangerous' bank robbers still on the run

The police hunt began after the three men, armed with AK4 automatic weapons, robbed a bank in Töcksfors just after 8.30am on Tuesday morning.

According to eye-witnesses, the men left the bank holding blue Ikea bags, guns, and had a female member of staff in tow who they immediately released.

Police believe that the thieves are in still in the area, after having burnt out their getaway vehicle and switching to a blue and new Volvo V70 just under two kilometres from the Norwegian border. Police cannot confirm if the men have crossed the border.

The police are currently searching the small forest roads nearby, as well as secluded cottages, and the many gardens that could possibly provide hiding places for the men.

“We’ve had a number of roadblocks and observation posts in the area during the night,” said Leif Hultman of the Värmland police to the TT news agency.

Witnesses managed to take photos of the men as they made their getaway, and the bank’s security camera captured images of the man, however, the masks make the identification process impossible.

The police have warmed that the men should be considered dangerous and public intervention is not advised, rather, that any sighting should be immediately reported.

Police are not revealing exactly how much money the men stole from the bank.

TT/The Local/og

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BANK

Police to investigate Nordea bank over money laundering

Danish police will investigate the Swedish bank Nordea after a year-long probe by regulators into money laundering led to "criticism" of its procedures, the bank said Friday.

Police to investigate Nordea bank over money laundering
Photo: Marcus Ericsson / TT

Detectives will examine how money laundering rules were followed at the bank's Danish subsidiary and could result in “sanctions”, Nordea said in a statement.

“We realize that we initially underestimated the complexity and the time it takes to change our procedures,” said Nordea chief executive Casper von Koskull.

The bank added that 850 Nordea employees are currently involved in the fight against money laundering which the bank plans to increase to 1,150 by the end of the year.

In May 2015 the bank was fined 50 million kronor (€5.4 million euros) – the maximum possible – by Swedish regulators who accused Nordea of “not following money laundering rules for several years” and failing to “evaluate the risks of (doing business with) certain clients”.