After 13 years of mission and seven successive leaders, the UN at an impasse in Libya
Germany: search of AfD headquarters in Lower Saxony, amid accusations of embezzlement
Faced with Iran, Israel plays appeasement and continues its shadow war
Iran-Israel conflict: what we know about the events of the night after the explosions in Isfahan
Sánchez condemns Iran's attack on Israel and calls for "containment" to avoid an escalation
China's GDP grows 5.3% in the first quarter, more than expected
Alert on the return of whooping cough, a dangerous respiratory infection for babies
Can relaxation, sophrology and meditation help with insomnia?
Vacation departures and returns: with the first crossovers, heavy traffic is expected this weekend
“Têtu”, “Ideat”, “The Good Life”… The magazines of the I/O Media group resold to several buyers
The A13 motorway closed in both directions for an “indefinite period” between Paris and Normandy
The commitment to reduce taxes of 2 billion euros for households “will be kept”, assures Gabriel Attal
The exclusive Vespa that pays tribute to 140 years of Piaggio
Kingdom of the great maxi scooters: few and Kymco wants the crown of the Yamaha TMax
A complaint filed against Kanye West, accused of hitting an individual who had just attacked his wife
In Béarn, a call for donations to renovate the house of Henri IV's mother
Skoda Kodiaq 2024: a 'beast' plug-in hybrid SUV
Tesla launches a new Model Y with 600 km of autonomy at a "more accessible price"
The 10 best-selling cars in March 2024 in Spain: sales fall due to Easter
A private jet company buys more than 100 flying cars
This is how housing prices have changed in Spain in the last decade
The home mortgage firm drops 10% in January and interest soars to 3.46%
The jewel of the Rocío de Nagüeles urbanization: a dream villa in Marbella
Rental prices grow by 7.3% in February: where does it go up and where does it go down?
With the promise of a “real burst of authority”, Gabriel Attal provokes the ire of the opposition
Europeans: the schedule of debates to follow between now and June 9
Europeans: “In France, there is a left and there is a right,” assures Bellamy
During the night of the economy, the right points out the budgetary flaws of the macronie
These French cities that will boycott the World Cup in Qatar
Rally: Neuville and Evans neck and neck after the first day in Croatia
Gymnastics: after Rio and Tokyo, Frenchman Samir Aït Saïd qualified for the Paris 2024 Olympics
Top 14: in the fight for maintenance, Perpignan has the wind at its back
Top 14: Toulon-Toulouse, a necessarily special reunion for Melvyn Jaminet
The German society for online payments Wirecard, immersed in a financial scandal of great magnitude, files for bankruptcy, she announced Thursday in a press release.
read also : Wirecard, the fall of a nugget of financial servicesThis application is filed with the court of Munich is justified by "the threat of insolvency and over-indebtedness," says a company listed on the Dax in Frankfurt, and which is the subject of a criminal investigation on suspicion of fraud after the disappearance of more than 1.9 billion euros of the accounts of Wirecard in the Philippines. Justice can now opt for the opening of a legal settlement that would allow the company to restructure itself, or to its winding-up if there is no hope of recovery.
Each day brings its share of twists and turns in this case, which had culminated with the arrest early this week of the former president of the company Markus Braun, who has since been released against the payment of a deposit of 5 million euros. He is suspected of having "inflated" artificially the balance sheet of this company of services of payment online which owes its fame to the boom of online commerce. Because of the amount not found 1.9 billion, although recorded on the balance sheet of the company, the auditors of EY had refused last Thursday to certify the accounts for the year 2019.
read also : Wirecard : in the financial scandal, the boss Markus Braun resignsThis decision is rare, has triggered new investigations of the German justice, which had already Wirecard in the sights for a few weeks, and a stampede of investors on the Stock market. On Thursday, the title Wirecard has been suspended from the listing at 08: 30 GMT, after the announcement of the bankruptcy filing and while he was 10,74 euro, down almost 13%. The title dropped almost 90% since last Thursday. The German press also mentions a movement of desertion of the clients of Wirecard, of what to aggravate its financial situation already precarious.
on The side of the judicial investigation, the Philippines announced on Wednesday that they enquêteraient on links with the scandal hitting the provider's balance sheet of payments. The ex-right arm of the boss, Jan Marsalek, chief operations officer sacked from the company and located in the Philippines, must be present at the German court next week, according to the Süddeutsche Zeitung, one of the three major German newspapers.
Markus Braun was arrested on an arrest warrant issued for "inflated" artificially the balance sheet of the company, in order to make it "more attractive for investors and customers," according to the public prosecutor of Munich.
This case, which tarnishes the reputation of the German economy, is "a complete disaster" and a "disgrace" to the country, acknowledged this week the boss of the supervisor at German financial Bafin, Felix Hufeld, whose authority does not emerge unscathed from the scandal. Wirecard guarantees the settlement of transactions carried out online by companies - airlines, travel agencies, online pharmacies, etc. - cashing in passing a risk premium.
The editorial team conseilleSoupçons of fraud: Wirecard admits that the 1.9 billion euros of the balance sheet "probably does not exist"Wirecard : the ex-CEO released on bail of 5 million euros 6 commentairesGiovani Grimaldile 25/06/2020 12:53bail is a shame. It means that those who have the money come out unscathed while the poor pay full pot. It is the consecration of the two tiered justice system. It encourages the bandits to steal enough to buy the judge, in all legality.
Arleigh Burkele 25/06/2020 at 12:22This is how to write the new season of "Bad Bank"
Montagnardle 25/06/2020 at 11:53 amIt is thus that the "famous German model"?..
Read 6 comments
