Wirecard's ex-CEO Braun to testify next week

Friday, 13. November 2020 19:01

Wirecard ex-boss Markus Braun is willing to testify in front of the German Federal Parliament's investigating committee on November 19, according to his lawyer Alfred Dierlamm who added that he has already submitted a request for the interrogation to be held online due to the COVID-19 situation.

Braun is accused of being one of the main culprits for "commercial gang fraud" using Wirecard as a vehicle to commit fraud acts that lead to losses of approximately €3.2 billion. Also, there are additional charges against him for infidelity, incorrect presentation, and market manipulation.

Wirecard AG is under the liquidation process after having filed a bankruptcy request in June as a result of the company´s insolvency issues connected to the audit results showing a vast amount of money from its trust accounts.

Related Links: Wirecard AG
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Breaking the News / CG