News Formal

Singapore company director charged over Wirecard fraud scandal

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The fintech company filed for insolvency in June after admitting that €1.9 bil missing from its accounts did not exist. FMTNews Wirecard

SINGAPORE: A company director has been charged in Singapore with falsifying letters linked to scandal-hit German payments giant Wirecard, according to court documents, as the fallout from the firm’s collapse spreads further around the world.

The 54-year-old of Citadelle Corporate Services claimed in the letters in 2016 and 2017 the firm held amounts ranging from €30 million to around €177 million in accounts on behalf of Wirecard, according to court documents seen by AFP Friday. German and Philippine authorities want to question Marsalek as part of separate investigations into Wirecard, but his whereabouts are unclear.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indonesian tycoon charged with 112 counts of alleged Singapore market rigging, false trading | Malay MailSINGAPORE, Aug 6 — Indonesian magnate Kris Wiluan is facing 112 charges for alleged market rigging under the Securities and Futures Act. He was charged yester, the police said in a press release. The 71-year-old Singapore permanent resident is chief executive officer of offshore and marine...
Source: malaymail - 🏆 1. / 86 Read more »