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Former Wirecard boss soon on U-Committee | Free Press

Berlin (dpa) – Former Wirecard boss Markus Braun is supposed to answer questions from a Bundestag inquiry committee in November.

In addition to other former supervisory boards and board members of the insolvent DAX company, the deputies will question him on November 19, opposition and coalition representatives confirmed in Berlin on Thursday.

Prosecutor sees Braun as one of the main culprits in “commercial gang fraud,” in which Wirecard’s executive suite is said to have set aside billions in fake deals over the years to keep the company afloat and cheat on credit. In this way, it is said that banks and investors have been defrauded up to 3,200 million euros.

“I would have Mr. Braun shown in his pajamas if necessary,” said left-wing politician Fabio De Masi. He owes answers to the public, said Florian Toncar of the FDP: “Also, this is the question of whether Wirecard was politically protected.”

In a videoconference prior to his questioning in committee, British Financial Times journalist Dan McCrum also spoke. He had already reported wrongdoing at Wirecard in 2015 and started investigations into the scandal at the former Dax group. In the process, he himself was criticized for his reports and was also targeted by the Munich prosecutor’s office.

Before the committee meeting, McCrum criticized the handling of the reports on the now insolvent payment processor and the former DAX group. “Since the Wirecard collapse, Germany has taken everything very seriously.” But it would have been better if his research for the Financial Times (FT) had been taken more seriously beforehand.

There were several errors in the scandal. Among other things, the audit firm EY, which audited Wirecard’s annual financial statements, “failed spectacularly.” McCrum said he was very pleased to have the opportunity to speak with the committee. He expected the parliamentary body to investigate in great detail the periodic failures “that allowed Wirecard to steal billions of euros from investors and banks.” He also hopes that lessons can be learned from the investigation that will help prevent such fraud, McCrum said.

“His statements cast a dark shadow on the quality and judgment of our financial supervision”, said the president of the Greens, Danyal Bayaz, facing the statements of the journalist of “FT”: “It is difficult to imagine that the Minister of Finance Olaf Scholz would like all this he knew nothing. “FDP MP Toncar added:” This is unprecedented in German criminal history. “

The Bundestag’s investigation committee is supposed to deal with the accounting scandal. The MPs also want to question several prominent politicians as witnesses, including Chancellor Angela Merkel (CDU). In the summer, the Munich-based company granted air bookings worth 1.9 billion euros. After the accounting scandal, Braun and other managers were arrested in the summer. Police are still searching for former board member Jan Marsalek.