Learn more

A third defendant in Germany’s sprawling fraud trial involving disgraced payments group Wirecard plans to testify for the first time. The defendant identified only as E, the former chief accountant of the group, is to break his year and a half-long silence on July 17, presiding judge Markus Födisch of the Munich court said on Wednesday. In mid-2020, the former DAX-listed group collapsed because €1.9 billion ($2 billion) in alleged revenues could not be found. The trial began in December 2022. E confirmed his personal details at the start of the trial, but otherwise has not given any statements…

cuu