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Finance

Wirecard NZ accounts caught up in German fintech collapse

Denise McNabb
Tue, 30 Jun 2020

Denise McNabb
Tue, 30 Jun 2020
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New Zealand accounts of Wirecard, the German digital payment processor at the centre of a multi-billion dollar global collapse, are implicated in a whistleblower’s allegations relating to accounting frauds that are expected to come to light soon in a Singapore court case.The whistleblower claims the accounts were doctored at Wirecard’s Singapore-based Asia-Pacific headquarters after they left New Zealand.Munich-based Wirecard AG crashed spectacularly last month and its chief executive, Markus Braun, was arrested after auditors EY fo...

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