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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
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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