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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 pr...

German auditors supervisory boss leaves over Wirecard share deals Toggle share menu Advertisement German auditors supervisory boss leaves over Wirecard share deals FILE PHOTO: The logo of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions, is pictured at its headquarters in Aschheim, near Munich, Germany, July 1, 2020. REUTERS/Andreas Gebert 15 Dec 2020 01:21AM (Updated: 15 Dec 2020 01:56AM) Share this content Bookmark FRANKFURT: Germany's Federal Office of Economics and Export Control Bafa sai...

A German watchdog chief is facing a probe after he revealed he traded shares in payments firm Wirecard just before its huge accounting scandal, the Financial

Ralf Bose, head auditor at Apas, told a committee hearing on Thursday he bought Wirecard shares in April and sold them at a loss in May.

German audit watchdog head faces investigation over Wirecard share trading The head of Apas is facing an investigation after admitting he bought and sold shares in Wirecard while it was under investigation. (Getty Images) Head of German audit watchdog Apas Ralf Bose is facing an investigation after admitting buying and selling shares in Wirecard while the regulator was investigating the troubled payments firm.    Bose, who has headed up German audit watchdog Apas since 2016 and is a former senior partner at KPMG, told a German parliamentary inquiry into the accounting scan...