Edward L. Doheny prices were high. The Mexican Petroleum Company was the largest in Mexico, and Mexico was the largest oil producer in the world. In 1922 Albert B. Fall, U.S. Secretary of the Interior, leased the oil field at Elk Hills, California, to the Pan American Petroleum & Transport Company. Around the same time, the Teapot Dome Field in Wyoming was leased to Sinclair Consolidated Oil Corporation. Both oilfields were part of the US Navy's petroleum reserves. Neither lease was subject to competitive bidding. In 1924 rumors about corruption in the deals escalated into the Teapot Dome scandal. Doheny's reputation was somewhat
Danske Bank money laundering scandal Danske Bank money laundering scandal The Danske Bank money laundering scandal refers to the ongoing investigations and media attention on the Copenhagen-based Danske Bank's involvement in suspicious transactions by non-resident accounts between 2007–2015. It has been claimed to possibly be the largest money laundering scandal in the world. The total amount of suspicious funds has been quoted by sources as having been either $30 billion US dollars, $130 billion US dollars or up to $230 billion US dollars. The investigation is currently ongoing. Danske Bank is the largest bank in Denmark. The bank's local branch in Estonia, which was under