Browder Says Sweden's Dirty Money Case Has Only Just Begun

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Bill Browder, the co-founder of Hermitage Capital Management, says the fallout of a money laundering saga involving the biggest mortgage bank in Sweden is “just starting.”

During a tour of the Nordic region this week, Browder said he won’t drop his accusations against Swedbank AB even after the Swedish prosecutor declined to take up his complaint, citing a statute of limitations. The avenues Browder is pursuing include garnering support among members of Sweden’s parliament, he said.