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Wirecard wants to cooperate with public prosecutors

2020-06-08T20:52:09.713Z


The financial service provider and Dax group wants to approach the authorities in the investigation of its balance sheets and possible misinformation. The public prosecutor's office focuses on the four Wirecard board members.


The financial service provider and Dax group wants to approach the authorities in the investigation of its balance sheets and possible misinformation. The public prosecutor's office focuses on the four Wirecard board members.

Aschheim (dpa) - The Dax group Wirecard, which was targeted by the Munich public prosecutor's office due to suspected misinformation from investors, wants to cooperate with the investigators.

"All of the data requested by the authorities as part of the search were made available at short notice," said a recent statement published by the company on its website. The Management Board and the Supervisory Board do not want to make any further public statements, since this is an ongoing procedure.

The public prosecutor's office in Munich I initiated an investigation against the four Wirecard board members - including group chief Markus Braun - after an announcement by the financial regulator Bafin and had the company headquarters in the Munich suburb of Aschheim searched.

The question is whether the payment service provider published misleading information for investors in two stock exchange notices from March and April. In these two communications, Wirecard had stated that a special inspection of the annual financial statements 2016, 2017 and 2018 by the auditing firm KPMG had so far not shown any evidence of manipulation of the balance sheet.

In fact, the KPMG examiners then stated in their report, which was completed at the end of April, that they could not clarify essential questions due to the lack of documents. The special audit was triggered by a series of reports in the British "Financial Times", which accused the company of manipulating the balance sheets.

"The company is confident that the matter will clear up and that the allegations will prove to be unfounded," the short statement said. According to the Wirecard Management Board, the investigations will not have any impact on the business: He confirmed the goal of an operating profit of EUR 1.1 to 1.12 billion this year.

Source: merkur

All news articles on 2020-06-08

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