The main person was arrested in Singapore

A close associate of former Wirecard board member Jan Marsalec who went into hiding has been arrested, according to a report in the Street Times. The Singapore newspaper reported that Briton Henry S. The 46-year-old is now in prison “until further notice”. According to Süddeutscher Zeitung, he is being sought for aiding and abetting the misappropriation of Wirecard’s assets. The Street Times wrote that the British were accused of fraud. Accordingly, there is already an accusation against S. By aiding and abetting the falsification of a document. S. This document was used to simulate Wirecard’s assets in a purported trust account. Accordingly, as of December 30, 2016, it is said that 86.4 million euros were shown in the account, although there are no funds in the account.

Wirecard filed for bankruptcy at the end of June 2020. The payment service provider is said to have falsified its budgets for years. A total of 1.9 billion euros, which must be in trust accounts in Asia, cannot be found. Wirecard executive group is said to have booked billions in fake transactions over the years in order to keep the company afloat and scam loans.

EY will likely be watching the arrest with concern

The Street Times reported that Henry S. Monday. On Wednesday, a Singapore District Court heard him on video. EY auditors are likely to watch the arrest with concern. The EY auditor in charge worked with Henry S. Henry S. was given a pseudonym known to the EY auditor. EY’s work has been heavily criticized by the Special Rapporteur of the Wirecard Commission of Inquiry, Martin Wambach.

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The report is only officially published in black. However, according to information from Berliner Zeitung, the Special Rapporteur is said to have emphasized above all that bookkeeping in relation to a third party business (TPA) should in no way meet appropriate bookkeeping standards. For many years, Henry S. EY issued an unqualified auditor’s report on the front of these transactions. The auditors deny any kind of wrongdoing.


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