Wirecard CEO quits as search for missing billions hits dead end in Asia

The chief executive of Wirecard resigned on Friday after the search for €1.9 billion of cash missing from the embattled electronic payments firm hit a dead end in the Philippines.
Wirecard CEO quits as search for missing billions hits dead end in Asia
Fri, 19 Jun, 2020 - 16:20

Markus Braun, CEO of Wirecard has resigned over the missing cash. Picture: REUTERS/Michael Dalder
Markus Braun, CEO of Wirecard has resigned over the missing cash. Picture: REUTERS/Michael Dalder

The chief executive of Wirecard resigned on Friday after the search for €1.9 billion of cash missing from the embattled electronic payments firm hit a dead end in the Philippines.

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EconomyPlace: AsiaPlace: PhilippinesPlace: EuropePlace: GermanyPlace: Philippines'Person: CEOPerson: Markus BraunPerson: James FreisPerson: BraunPerson: 1006189Organisation: WirecardOrganisation: EYOrganisation: BPIOrganisation: BDOOrganisation: Bangko Sentral ng PilipinasOrganisation: KPMGOrganisation: Reuters
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