EP 03

One Letter. One Hundred Thousand Transactions. One Bank

In the third episode of the Protagonista podcast, Danish investigative reporter Eva Jung from the newspaper Berlingske describes how she went from an inconspicuous anonymous tip to uncovering the biggest financial scandal in the history of Denmark—massive money laundering through the Estonian branch of Danske Bank.
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About the Episode

During a multi-year investigation, she and her colleagues had to evaluate over 100,000 bank transactions; she traveled across Europe and gradually uncovered a network of money flowing from Russia, Azerbaijan, and other countries to European politicians, arms dealers, and authoritarian regimes.
How do you recognize a suspicious transaction? How do the backstage pressures of big banks work? And what happens when, during an investigation, you touch upon the family of Vladimir Putin?
Eva Jung talks with Pavla Holcová about the fear of her sources, about undercover work, psychological strain, and how important it is not to let oneself be intimidated—and to publish, even when you know that you will anger very powerful people.

Pavla Holcova
HOST

Pavla Holcová

Pavla Holcová is an investigative journalist and the regional editor for Central Europe at OCCRP. Based in Prague, she founded investigace.cz and has contributed to high-profile investigations such as the Panama Papers and the Pegasus Project. Alongside her colleague Ján Kuciak, she exposed ties between Slovak politicians and the Italian mafia. Following the murder of her colleague, Ján Kuciak, she continued his work, contributing to an investigation that profoundly destabilised the Slovak political landscape. She is the recipient of the ICFJ Knight Award, the Allard Prize, and the Anthony Lewis Prize. In 2024-25 she was a John S. Knight Fellow at Stanford.
Eva Jung
guest

Eva Jung – Investigative Journalist

Eva Jung is a Danish investigative journalist who has worked at the newspaper Berlingske for more than 15 years. She specializes in financial and economic crime and has led several fundamental projects with international impact that exposed extensive money laundering in European banks, including one of the largest cases of economic crime in European history surrounding Danske Bank. She is a member of the International Consortium of Investigative Journalists (ICIJ) and works closely with the OCCRP.

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