In the Wirecard-balance-sheet scandal, the Ex-head of the financial service provider, Markus Braun, was detained.
In the Wirecard scandal the Ex-head of the financial services provider has been arrested. Against Wirecard is calculated against the balance-sheet manipulation. A total of 1.9 billion euros will be gone.Update from Tuesday, 23.06.2020, 14.56 PM: The arrested former Wirecard-in-chief Markus Braun comes with a Deposit of five million Euro, again on free foot. The district court has set the arrest warrant against conditions except for law enforcement, such as the Munich state Prosecutor's office announced on Tuesday.
first message from Tuesday, 23.06.2020, 10.34 PM: Munich – After the admission of alleged air bookings in billions of in a balance-sheet scandal involved the Dax-group Wirecard further investigation. "We will check all the eligible crimes," said a spokeswoman for the Prosecutor's office of Munich I on Monday. Whether or not, specifically, against former or reigning Wirecard Manager due to balance sheet manipulation is determined or this is not planned, said the spokeswoman: details of the procedure were not called.
Wirecard scandal: air bookings in billions
In this context is the Ex-head of the financial service provider, Markus Braun , the arrested. The Prosecutor's office of Munich I, had asked, according to information from Tuesday on Monday with the competent investigation judge of the local court of Munich, a warrant of arrest against brown and received brown had made on Monday evening, the Prosecutor's office. He was only entered on Friday in the scandal over missing € 1.9 billion in the company's balance sheet.
Wirecard scandal: Ex-boss Markus Braun arrested
The Dax index of the group Wirecard had not communicated on Monday that the disappearance of 1.9 billion Euro to exist in its balance sheet at all. The backgrounds were initially unclear. The company is advised by the operations in severe turbulence.
Wirecard has excellent employees, a strong business model, outstanding technology and abundant resources to ensure a great future.
— Markus brown (@_MarkusBraun) June 19, 2020
The payment service provider is now on the precipice. Its future depends on the well-being of the banks do not want to, because the missing 1.9 billion euros on an escrow account in Asia, it is almost certainly. And so, Wirecard 2019 receive a certificate for the number of the year. The estimates to 2019, as well as for the first quarter and the forecasts for 2025, the group took back. The credit rating Agency Moody's pulled back now, her only late on Friday lowered the credit rating judgment completely. (marv with afp)
Date Of Update: 23 June 2020, 09:33
