The financial authority, Bafin, has in the scandal surrounding the collapse of Wirecard now also the former CEO Markus Braun for insider trading in the visor. A spokeswoman for the authority said on Tuesday that it had refunded to the Munich public Prosecutor's office a complaint against Braun's MB holding company. It is about the sale of Wirecard AG shares for € 6.6 million at the 24. June - the day before the payment was registered liquidators insolvency.
More sales for 3.4 million euros is to be investigated, two days before that, said the authorities spokesperson. Brown was kicked back as CEO, after the company had to give from Aschheim near Munich, that 1.9 billion euros from its balance sheet, in all likelihood, did not exist.
The Munich state Prosecutor's office is currently investigating whether and to what extent the Austrian brown is involved in possible fraud. He was on 22. June on bail of five million euros from the remand has been dismissed. Brown is also the largest single shareholder of Wirecard was. The largest part of his package of shares of the 8 percent he had at 18. and 19. June sold for 155 million euros. Because of the fall of the stock he had to meet, the papers move to the margin obligations of lenders to credit (Margin Calls), as it was then called. Bafin also said these transactions would be reviewed for possible insider trading.WIRECARD -- -- (--) Xetra tradegate Switzerland OTCFrankfurtLondon SE Int. Level 1StuttgartLang & black Switzerland Vienna 1T 1W 3M 1J 3J 5J For detail view
of Doubt, shares of shops in the run-up to the spectacular Bankruptcy of the financial are supervisors already on the track. On Monday, the Bafin had been advised to have a first-ever insider suspicions to the Prosecutor's office passed. According to a Handelsblatt report, there is an entry in an Online stock market Forum. There, an anonymous user had written that the auditors from EY would not certify the balance sheet of Wirecard unrestricted - eight days prior to the actual refusal of the Attestation.
The post, according to the Wirecard have not been able to demonstrate to Management where significant sums of money as collateral on escrow accounts originated. Staff would have passed on the Information.Updated Date: 15 July 2020, 02:20