Wirecard probe finds German finance minister, auditors at fault
By DW
23 June 2021 |
3:45 pm
The final report of a parliamentary probe into the scandalous collapse of the German payment-processing company Wirecard has concluded that the Finance Ministry failed to detect fraud that cost investors millions.
In this article
Related
Related
29 Jun 2020
The auditors of Wirecard have accused it of committing an "elaborate and sophisticated fraud." The German payments provider has filed for insolvency and its CEO has been arrested.
9 Oct 2020
European finance experts are in Rome as part of an audit and have praised the Vatican's efforts to clean its financial house. The pope likened the fight to Jesus expelling the money changers from the temple.
10 Jun 2021
A report by the European Court of Auditors has slammed Frontex for failing to provide "sufficiently effective" assistance to countries looking to tackle illegal migration.
23 Jun 2021
The final report of a parliamentary probe into the scandalous collapse of the German payment-processing company Wirecard has concluded that the Finance Ministry failed to detect fraud that cost investors millions.
Latest
2 hours ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
8 hours ago
Former Los Angeles Dodgers pitcher Trevor Bauer and Lindsey Hill, who accused him of sexual assault, have settled their lawsuit outside of court. Hill accused Bauer of two instances of sexual assault, with the district attorney's office refusing to press criminal charges. Despite Bauer not being found guilty of the crime, MLB suspended him for 324 games and was later released by the Dodgers.
8 hours ago
Armenia's parliament votes to join the International Criminal Court in a move that Russia had already said would be an unfriendly step. Meanwhile, there are "surreal" scenes in the abandoned enclave of Nagorno-Karabakh.
8 hours ago
Nigeria's major labor unions agreed to suspend a planned nationwide strike after talks with the government. DW looks at what led up to the planned action and how the situation could play out for workers and their unions.
9 hours ago
Sam Bankman-Fried, also known by the initials SBF, has tumbled from crypto king to courtroom defendant. The trial of the founder of the FTX cryptocurrency exchange is due to start on Tuesday 3 October. The fraud charges against him - which he denies - stem from the November 2022 collapse of his now-bankrupt business.