Munich court paves way for Wirecard trial - Handelsblatt

Wirecard AG

21/09/2022 12:51

BERLIN, Sept 21 (Reuters) - A Munich district court has
admitted charges against former Wirecard executives, paving way
for a trial into the fraud scandal at the now-defunct company,
the Handelsblatt newspaper reported on Wednesday, citing sources
familiar with the matter.
    Sources involved expect the trial to begin early next year,
the report said.
    The formerly DAX-listed payment company filed for insolvency
in June 2020, owing creditors almost $4 billion, after
disclosing a 1.9 billion euro ($1.88 billion) hole in its
accounts that its auditor EY said was the result of a
sophisticated global fraud.


($1 = 1.0094 euros)

 (Writing by Rachel More
Editing by Paul Carrel)
 ((rachel.more@thomsonreuters.com;))