Wirecard AG on Monday said there was a likelihood that the 1.9 billion euros ($2.13 billion) reported missing from its accounts simply did not exist in the first place, according to Reuters.
The scandal-hit German payments firm said it was also withdrawing its full-year 2019 and first-quarter 2020 financial results.
“The Management Board of Wirecard assesses on the basis of further examination that there is a prevailing likelihood that the bank trust account balances in the amount of 1.9 billion EUR do not exist,” the company said in a statement.
The central bank of Philippines said on Sunday that none of the $2.1 billion missing from Wirecard appeared to have entered the Philippine financial system.
Statement of the Management Board – video
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below: