7/3, 3:57 PM (Source: TeleTrader)
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Chart for: WIRECARD AG

Singapore continues investigation into Wirecard

Authorities in Singapore revealed on Friday they have started an investigation into two companies possibly connected to the Wirecard's accounting scandal, Citadelle Corporate Services and Senjo Group.

Singapore's Commercial Affairs Department is suspecting the two companies for "accounts falsification," and for "carrying on a trust business without a license."

As the inquiry about the Wirecard's missing €1.9 billion continues, Deutsche Bank revealed earlier today that it wouldn't rule out buying some of the company's assets.

Breaking the News / ND