Wirecard’s missing $2.1B forces out CEO, panics lenders

Markus Braun’s almost two decades as Wirecard AG’s chief executive officer ended after accusations about the company’s accounting culminated in a shock disclosure that it was unable to locate 1.9 billion euros ($2.1 billion).

Original Article Posted at : https://www.accountingtoday.com/articles/wirecards-missing-2-1b-forces-out-ceo-panics-lenders