.wirecard CEO quits as search for missing billions hits dead end in Asia
The company's shares tanked again after two Philippine banks said the German payments company was not a client of theirs and alleged that documents had been falsified.
"Wirecard is not a client of the bank. The document claiming the existence of a Wirecard account with BDO is a falsified document and carries forged signatures of bank officers," BDO said. EY had regularly approved Wirecard's accounts in recent years, and its refusal to sign off for 2019 confirms failings found in an external probe by KPMG in April.
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