Wirecard Offices Searched in Probe Targeting Senior Management
- Wirecard shares fell as much as 12% in after-market trading
- Raid related to statements concerning special audit from KPMG
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Wirecard AG’s headquarters were searched Friday morning by German prosecutors as part of a probe involving the company’s senior management.
“The investigations are not targeting the company, but members of the management board,” Wirecard said in a statement. “The management board is confident that the issue will be resolved and the allegations prove unfounded.”