Entire former board of Swedbank Estonia suspected of money laundering
TALLINN – The Office of the Prosecutor General has brought suspicions against the banking unit of Swedbank Estonia and its former heads of...
Source: baltictimes.com
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Former board of Swedbank handed suspicions of money laundering
Weekly Eesti Ekspress writes that the prosecution has brought official suspicions against Swedbank Estonia and its former board members of involvement in money laundering in the volume of over €100 million. The bank reports that the suspicions concern transactions made in 2014-2016.
Source: news.err.ee
Utilitas plans to heat Tallinn with seawater, wastewater at peak times
Seawater and wastewater will be used to heat Tallinn during peak hours under new plans from district heating company Utilitas as the firm tries to move away from its reliance on fossil fuels.
Source: news.err.ee
Authority: Heating costs have to fall in line with natural gas prices
Due to the increase in the price of natural gas, household heating prices have doubled for some customers. Customers whose heat producers only use natural gas have seen prices double. The Competition Authority (Konkurentsiamet) is tracking the price of natural gas and, if it falls, producers need to cut their prices to customers immediately.
Source: news.err.ee