advised by The Investment and consulting firm spitzberg Partners from the former Minister of defence Karl - Theodor zu Guttenberg (CSU), according to media reports, the insolvent, the payment service provider Wirecard. The company Guttenbergs have been working together with Wirecard between 2016 and 2020 and, in addition, in the case of the Federal government, the company reported, among other things, the "mirror" and the "image"newspaper on Wednesday. "We had not at any time have access to, nor knowledge of any discrepancies in the accounting," said Guttenberg told the newspaper.
His company was "appalled and shocked over the recent revelations and developments" and have completed the Advisory mandate for Wirecard. "We have been discussing, like many other companies, a Dax company, which appeared perfectly in hindsight, but all of them deceived, including the German Supervisory authorities."
"to inform the Federal government about the planned acquisition"
"In the framework of our limited Mandate, the services included, only the support in the identification and initiation of new industrial and technological partnerships", quoted the newspaper from an opinion of a former Minister. Specifically, Guttenbergs company Wirecard will advise when buying a Chinese payment processor, and supported. "We have informed the Federal government in 2019, about the planned acquisition in China," said Guttenberg more.
Meanwhile, the European securities and markets authority Esma has announced that, in the course of the Wirecard scandal, the German reporting system of the financial Supervisory authorities to check. On Wednesday, In a published opinion by the Esma, it was said that the German financial might, have failed supervision given already in the year 2017, the questions that were raised to Wirecard. The EU authority wants to therefore, a first assessment up to 20. October complete.
Date Of Update: 15 July 2020, 19:19
