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”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
