Auction Freezing Order is Registered by Judge in Agreement with Prosecutor in Danske Bank Case
June 23rd, 2011
It’s a definitely difficult time for Danske Bank in Spain. The Judge has agreed that a property on which an Equity Release product was raised should be frozen on account of a criminal investigation into the activities of Danske Bank’s employees, inclusive of Peter Staarup, its CEO. The State Prosecutor has not opposed to the measure and thus, it will be lodged with the land registry with immediate effect.
Interestingly, the Judge also notifies this decision to the Economic Crime Prosecutor for an opinion on the matter.
Documents
- 2011-06-20: Danske bank Auction Freezing Order Registered (PDF – 119 Kb)
