Markus Braun

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German finance minister Olaf Scholz (centre), arrives as a witness in front of a parliamentary committee of inquiry investigating the Wirecard scandal. Photograph: John MacDougall/AFP

German federal finance minister Olaf Scholz has denied he carries any personal responsibility for the collapse of Wirecard, despite being the ultimate(...)

Wirecard went bust last summer in one of Germany’s biggest accounting frauds. Photograph: iStock

Wirecard employees hauled millions of euros of cash out of the group’s Munich headquarters in plastic bags over a period of years, according to former(...)

Police “wanted” poster of former Wirecard chief operating officer Jan Marsalek. Wirecard declared bankruptcy last year following revelations of deceptive accounting to the tune of €2 billion. Photograph: Sean Gallup/Getty

It takes just seconds for hardcore Wirecard junkies to spot the greatest fake of The Great Fake, a new docudrama into Germany’s greatest postwar busi(...)

Munich prosecutors are still searching for Wirecard’s former chief operating officer Jan Marsalek, who disappeared shortly after the company disclosed on June 18th  it was missing €1.9bn in cash. Photograph:  EPA

Wirecard’s former chief financial officer Burkhard Ley, who held the role for more than a decade, has been released on bail after spending more than t(...)

German authorities say missing Wirecard executive Jan Marsalek, who vanished just as the digital payments company collapsed, may be an informer for Austria’s intelligence agency. Photograph: Clemens Bilan/EPA

German authorities say a missing Wirecard manager, who vanished just as the digital payments company collapsed, may be an informer for Austria’s intel(...)

James Freis was hired by crisis-hit Wirecard in May  to become the German payments group’s chief compliance officer. Photograph: iStock

James Freis, the former US regulatory official tasked with running German e-payments giant Wirecard as it collapsed over the summer, warned an audienc(...)

Wirecard collapsed into insolvency on June 25th after admitting that about €1.9 billion in cash was missing from its accounts. Photograph:  Christof Stache

The German parliament is to hold a full inquiry into the collapse of the disgraced payments company Wirecard, in a move that will keep the affair at t(...)

Munich-based Wirecard collapsed in June under €3.5 billion of debt in one of Germany’s largest postwar accounting frauds. Photograph: Christof Stache/AFP

German prosecutors suspect Wirecard was looted before its spectacular collapse in June, with $1 billion funnelled to opaque partner companies even as (...)

An Post has frozen 50,000 pre-payment cards issued to customers over the past three years as the German Wirecard scandal spread to include Irish consumers.  Photograph: Andreas Gebert/Bloomberg

An Post has frozen 50,000 pre-payment cards issued to customers over the past three years as the German Wirecard scandal spread to include Irish consu(...)

Wirecard owes a consortium of banks €2billion, and has a further €1.4billion of debt outstanding.

German fintech company Wirecard has filed for insolvency after admitting it had lost €1.9 billion from a largely fictional balance sheet. Its demise (...)

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