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Wirecard inquiry: Germany's political and financial elite exposed


Wirecard inquiry: Germany's political and financial elite exposed
12 minutes to read
By: Guy Chazan and Olaf Storbeck
It was an innocuous question, posed shortly before midnight some nine hours into an exhausting parliamentary hearing into the Wirecard scandal.
"Did you ever actually own Wirecard shares?" Cansel Kiziltepe, the Social Democrat MP, asked
Ralf Bose, head of Germany's auditor watchdog Apas. His answer caused a political earthquake and brought an abrupt end to his more than 30-year career.
A former partner at KPMG, Bose ran a government agency that is normally protected from public scrutiny by stringent secrecy laws. But those laws do not apply to the Bundestag's inquiry into Wirecard. Bose disclosed that he had bought and sold Wirecard stock while Apas was investigating Wirecard's auditor EY. Just hours later the German government started to probe the transactions. And within a matter of weeks Bose had been fired.

Germany , Minsk , Belarus-general , Belarus , Munich , Bayern , Singapore , China , Switzerland , Berlin , Belarusian , German

Wirecard Untersuchungsausschuss: Deutschlands politische und finanzielle Elite bloßgestellt

Wirecard Untersuchungsausschuss: Deutschlands politische und finanzielle Elite bloßgestellt
linkezeitung.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from linkezeitung.de Daily Mail and Mail on Sunday newspapers.

Germany , China , Minsk , Belarus-general , Belarus , Munich , Bayern , Berlin , Singapore , German , Angela-merkel , Mikhail-maier

Wirecard: Promi-Zeugen im Untersuchungs-Ausschuss

Wirecard: Promi-Zeugen im Untersuchungs-Ausschuss
wiwo.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wiwo.de Daily Mail and Mail on Sunday newspapers.

Dubai , Dubayy , United-arab-emirates , Melanie-bergermann-wirecards , Melanie-bergermann , Heike-paul , Brown-markus , Wulf-matthias , Hubert-barth , Commerzbank , Banks-evidence-to-assets-in-trust , Bundestag-untersuchungs-ausschuss-has-set

Wirecard-Betrugsskandal: Der Fisch stinkt ...

Wirecard-Betrugsskandal: Der Fisch stinkt ...
deraktionaer.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deraktionaer.de Daily Mail and Mail on Sunday newspapers.

Deputy-elisabeth-roegele , Bilanzkontrollstelle-dpr , Winkler-kukies , Klaus-michalak , Olaf-scholz-kukies , Olaf-scholz , Hubert-barth , Events-in-the-ministry , Goldman-sachs , Parliamentary-committee , The-parliamentary , Pressed-finance

Wirecard: Bundesregierung wollte Pleite-Firma retten

Wirecard: Bundesregierung wollte Pleite-Firma retten
berliner-zeitung.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from berliner-zeitung.de Daily Mail and Mail on Sunday newspapers.

China , Germany , Libya , Aschheim , Bayern , German , Herr-kukies , Winkler-kukies , Olaf-scholz , Herr-eichelmann , Commerzbank-heike-paul , Merkel-angela-wirecard

Wirecard: Finanzministerium hat Aufklärung erschwert

Wirecard: Finanzministerium hat Aufklärung erschwert
berliner-zeitung.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from berliner-zeitung.de Daily Mail and Mail on Sunday newspapers.

Germany , German , Roland-berger , Mathew-earl , Fahmi-quadir , Olaf-scholz , Dan-mccrum , Hubert-barth , Danyal-bayaz , Ministry-has-more , His-ministry , Green-danyal-bayaz

Wirecard-Affäre verknüpft sich mit Ibiza-Affäre

Wirecard-Affäre verknüpft sich mit Ibiza-Affäre
heise.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heise.de Daily Mail and Mail on Sunday newspapers.

China , Germany , Austria , United-states , Russia , Berlin , Americans , Russians , Austrians , German , Peter-altmaier , Ralf-bose

Auditor EY replaces Germany boss after Wirecard scandal

Auditor EY replaces Germany boss after Wirecard scandal
straitstimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from straitstimes.com Daily Mail and Mail on Sunday newspapers.

Germany , Munich , Bayern , Frankfurt , Brandenburg , German , Jean-yves-jegourel , Hubert-barth , Henrik-ahlers , Big-four , Young , ஜெர்மனி

EY Germany head steps down in wake of Wirecard scandal


By Reuters Staff
2 Min Read
FILE PHOTO: The logo of Ernst & Young is seen in Zurich, Switzerland November 13, 2020. REUTERS/Arnd Wiegmann
BERLIN (Reuters) - EY Germany said its head, Hubert Barth, was stepping down and announced plans for a programme to help restore trust in its work as an auditor following the collapse of payment services firm Wirecard.
In December, German prosecutors opened an investigation into partners at EY over the Wirecard scandal after an accounting watchdog filed a report accusing them of criminality in their work for the failed payments company.
EY has lost a number of prominent contracts since news of the Wirecard scandal broke.

Germany , Berlin , German , Emma-thomasson , Maria-sheahan , Jean-yves-jegourel , Hubert-barth , Henrik-ahlers , Thomson-reuters-trust-principles , Reuters , Financial-times , Thomson-reuters-trust

Fed payments system goes down for hours; mortgage apps drop on rate hike

The cause of the disruption is unknown, although the Treasury said it wasn’t a cyberattack; applications fell 11% after the average 30-year fixed-rate loan rose to 2.81%.

Germany , Spain , Spanish , German , Freddie-mac , Markus-braun , Jana-hecker , Hubert-barth , Mike-fratantoni , Treasury-department , Braun , Mortgage-bankers-association