WARNING!!

Once upon a time some twenty-old years ago, western businessman worned us, taht Tax Board and Banks are their biggest enemies. We soon found out that the Tax Board really is an enemy, but it was only recently that we lost our trust in banks....



21.04.2011 Eesti Ekspress: Businessman is accusing SEB Bank of racism



Pjotr Sedin, the businessman at war with SEB Bank, argues that Gerd Krieger, head of the bank’s increased business risk division, called his company’s investors “Jewish terrorists”, with whom SEB will never have any relationship.

According to Sedin, Krieger used such an expression in a conversation with an official representative of Grove Invest in early March. However, as the expression was used in a private conversation, no one can protect their honour and dignity in a lawsuit.

Krieger categorically denies making any such statements. The bank also sent an official explanation to Sedin, arguing that there is no reason to doubt Krieger. Copies of the original letter were also sent to SEB CEO Annika Falkenberg and majority owner Marcus Wallenberg.