MANILA, June 22 — Wirecard AG today said there was a likelihood that the €1.9 billion (RM9 billion) reported missing from its accounts simply did not exist in the first place. The scandal-hit German payments firm said it was also withdrawing its full-year 2019 and first-quarter 2020 financial...
Monday, 22 Jun 2020 10:12 AM MYT
The scandal-hit German payments firm said it was also withdrawing its full-year 2019 and first-quarter 2020 financial results. Chief Executive Officer Markus Braun quit on Friday as the company’s search for US$2.1 billion of missing cash hit a dead end in the Philippines and as it scrambled to secure a financial lifeline from its banks.
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