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Wirecard AG (WDI.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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0.2501-0.0149 (-5.62%)
At close: 5:29PM CEST
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  • Reuters

    German lawmakers criticise Scholz and Merkel over Wirecard - draft report

    FRANKFURT (Reuters) -Germany's finance minister Olaf Scholz was criticised by lawmakers for bungling oversight of Wirecard, according to a draft report of a public inquiry into Germany's biggest post-war fraud scandal. The report by opposition lawmakers, after a months long cross-party investigation, also said that Chancellor Angela Merkel was naive regarding Wirecard's lobbying efforts.

  • Reuters

    Philippines files criminal complaint against Wirecard's former COO

    Philippine authorities investigating the multi-billion dollar fraud at Germany's Wirecard AG's have filed criminal complaints against the payment firm's former chief operating officer as well as others. Wirecard collapsed last June, owing creditors almost $4 billion, accused by its auditor of a sophisticated global fraud. Philippines Justice Minister Menardo Guevarra said via text message on Saturday complaints filed by the National Bureau of Investigation on May 31 accuse the respondents of violating banking, cybercrime, and e-commerce laws as well as falsifying commercial documents.

  • Reuters

    Wirecard 'wake-up call' prompts EU company reporting reform

    LONDON (Reuters) -The European Union will apply lessons from the Wirecard scandal by proposing stricter rules next year for company financial reporting and auditors, its financial services chief said. The payments company collapsed in 2020 in Germany's biggest post-war fraud scandal after auditor EY could not confirm the existence of 1.9 billion euros ($2.32 billion) in cash balances.