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Singapore police raid Wirecard premises despite denials

NYOOOZ 2019-02-11 05:30:00

Singapore police raid Wirecard premises despite denials

Wirecard has rejected the FT reports as defamatory and said earlier on Friday it would sue the newspaper. “Police confirm that they have raided the premises of Wirecard entities in Singapore,” a police spokeswoman told Reuters. FRANKFURT/SINGAPORE (Reuters) – Singapore police raided the premises of German payments company Wirecard in the city state on Friday following a series of investigative reports in the Financial Times alleging fraud and creative accounting. “In the article published yesterday, Wirecard employees are slanderously prejudged with unproven and false allegations,” Wirecard said in an earlier statement. “This morning, Wirecard met with Singapore law enforcement at Wirecard’s headquarter in Singapore and provided the police with comprehensive supporting material in regards to their enquiry into the defamatory allegations in the FT series of articles.

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