Former Wirecard boss Markus Braun declines to answer several questions from German lawmakers

Wirecard’s former boss stonewalled questions from lawmakers on Thursday when he was temporarily released from jail for an inquiry into post-war Germany’s biggest corporate fraud. Markus Braun, wearing his hallmark turtle neck and a blazer, declined to answer more than 50 questions about Wirecard’s demise, other than to say no German officials behaved inappropriately. Braun,… Read More Former Wirecard boss Markus Braun declines to answer several questions from German lawmakers

German lawmakers to quiz former Wirecard boss Markus Braun

Wirecard’s former boss Markus Braun is due to appear before a German parliamentary committee on Thursday, temporarily leaving jail to testify over the collapse of what was once hailed as Germany’s leading financial technology firm. The committee of inquiry was set up by opposition legislators to investigate ties between German politicians and regulators and Munich-based… Read More German lawmakers to quiz former Wirecard boss Markus Braun

German lawmakers launch probe into collapse of financial firm Wirecard

German lawmakers launched a parliamentary inquiry into the collapse of payments firm Wirecard on Tuesday in an effort to force the government to reveal more about a failure to avert the country’s biggest post-war corporate fraud. The investigation into the implosion of a company once seen as a German success story worth $28 billion will… Read More German lawmakers launch probe into collapse of financial firm Wirecard