Tag: Wirecard
“Liar” – Braun’s defense attacks key witnesses
Markus Brown According to the indictment, Braun and his accomplices acted as a gang of fraudsters who cheated banks and lenders by more than three billion euros with the help…
India’s opposition wants to take advantage of the Adani affair
Bangkok Rahul Gandhi, India’s most prominent opposition figure, covered a total of 3,570 kilometers on his protest march across the subcontinent. However, the 52-year-old only found the topic with which…
These are the top restructuring companies in the German economy
Dusseldorf In the management floors of the German economy, restructuring experts are currently frequently seen guests. The number of restructuring cases is high. The car suppliers Benteler, Mahle, Eberspächer, WKW,…
The parallels between the Indian Adani affair and Wirecard are astounding
protests in India Indian opposition demonstrators in New Delhi accuse Prime Minister Narendra Modi of remaining silent on the Adani affair for too long. (Photo: Bloomberg) In the Wirecard case,…
Commerzbank is now considered set for the Dax ascent
Commerzbank Tower in Frankfurt It is now almost certain that the bank will return to the Dax. (Photo: dpa) Frankfurt The spurt for Commerzbank paid off. The data provider Refinitiv…
The richest man in India trembles before this short seller
new York Nate Anderson took his time. Almost a week passed before the founder of the New York analysis house Hindenburg Research personally commented on Twitter about the latest storm…
Mazars: auditor wants to win Dax mandate
Dusseldorf n F Mazars office building The French are among the top ten auditors in Germany. (Photo: Mazars) The auditor Mazars is preparing to take on a mandate in Germany’s…
Only a radical reform can bring Germany’s administration into shape
files The more digital the world becomes, the more obvious the deficits of our administration become. (Photo: imago images / photothek) The German bureaucracy is sluggish, inefficient and expensive. There…
Munich judiciary groans under lawsuits
Markus Brown After the Wirecard scandal, the former CEO has to answer in court. (Photo: AFP/Getty Images) Cologne On June 25, 2020, Wirecard AG filed for insolvency – shortly afterwards…
EY Germany is cutting jobs – even highly paid partners have to go
EY offices in Stuttgart The company intends to strengthen its profitability before the planned split into two independent companies. (Photo: imago images/Arnulf Hettrich) Dusseldorf The auditing company EY is streamlining…
Previous EY examiners relinquish licenses
EY offices in Düsseldorf Since 2020, the Apas supervisory authority has been examining whether and to what extent auditors violated their obligations in their work for Wirecard and what the…
Stock falls drastically after point deduction in the league
Juventus (white shirts) in the game against Atalanta Bergamo on Sunday night Qualifying for the international competitions is a long way off. (Photo: Reuters) Dusseldorf The deep fall in the…
NRW tax investigator Birgit Orths – perpetrators are global and we are not
tax investigation Some of the officials have to buy their own equipment because there is a lack of funds. (Photo: dpa) Frankfurt Whether cum-ex, tax havens or fraud with Corona…
Commerzbank is suing auditor EY over Wirecard losses
Commerzbank The major German bank is trying to recover its losses from the Wirecard bankruptcy in court. (Photo: dpa) Frankfurt Commerzbank wants to recover losses of around 200 million euros…
After Wirecard scandal – EU postpones reform for years
“Big Four” of accountants KPMG, EY, Deloitte and PwC do not have to fear tougher regulation by the EU for the time being. (Photo: Getty Images (2), ddp, Mauritius) Dusseldorf,…
Ex-Wirecard boss’s statement is delayed – dispute over key witnesses
Markus Brown The former Wirecard boss will not testify in court this week. (Photo: dpa) Munich In the process of the bankruptcy of the financial group Wirecard worth billions, the…
Wirecard key witness confirms the charge: business invented
Oliver Bellenhaus on a trial day in December The only goal was to deceive Wirecard’s auditors. (Photo: dpa) Munich In the Munich Wirecard trial, the key witness for the public…
Bafin refrains from stricter monitoring of the deDax group
Headquarters of the German Stock Exchange Germany’s largest stock exchange operator has a total of four subsidiaries with a banking license – three of which are based in Germany and…
There is a lack of diversity in the audit
Logos of the big four auditors EY’s market share in the Dax is shrinking after the Wirecard scandal. (Photo: Getty Images (2), ddp, Mauritius) The moves to regulate auditors have…
Auditor EY no longer wins Dax mandates
Auditor EY The company is the clear loser in the latest round of new contracts among the Dax companies. (Photo: LightRocket via Getty Images) Dusseldorf The legally prescribed rotation in…