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Wirecard: Ex-boss Markus Braun remains in custody

2021-07-16T13:37:42.172Z


Ex-Wirecard boss Markus Braun has been in custody since summer 2020. Despite demands from his lawyers for his release, he remains there. Another ex-manager of the former Dax group is released.


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Former Wirecard boss Markus Braun (right) has to remain in custody

Photo: FABRIZIO BENSCH / REUTERS

Former Wirecard boss Markus Braun has to remain in custody.

That decided the Higher Regional Court (OLG) Munich, as it says in a message.

The decision of the OLG was preceded by a week-long tug of war between the public prosecutor and Braun's defense lawyers.

On the other hand, a Wirecard manager from the Group's finance department is dismissed.

The former accountant Stephan von Erffa is released against certain conditions.

The Wirecard Group, which has since been broken up, admitted air bookings of 1.9 billion euros last June and subsequently filed for bankruptcy.

The previously long-celebrated payment service provider flew out of the German share index Dax.

The prosecutors assume that Wirecard has shown fictitious profits since 2015.

Among other things, ex-boss Braun has been in custody since summer 2020.

He is accused of professional gang fraud.

hba / dpa

Source: spiegel

All business articles on 2021-07-16

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