Wirecard HQ clear despite evidence of crime in Singapore office

Yet in its final conclusions, Singapore law firm Rajah & Tann did find evidence that crimes could have been committed. Detailing Rajah & Tann’s findings, Wirecard said the suspect transactions had not had a material on the company’s financial reports. These were not confirmed in the law firm’s final report: “The independent review had no findings of round-tripping or corruption,” Wirecard said. “The review … did not reveal findings of criminality in respect of the headquarters of Wirecard,” the company said in a summary of the law firm’s conclusions. FRANKFURT (Reuters) – Local staff at the Singapore office of Wirecard may have committed crimes but these were not material to the German payment company’s financial position, an investigation by an outside law firm has found.

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