Merkel Promoted Wirecard to Chinese Officials Before Scandal

  • Chancellor was unaware of Wirecard suspicions at the time
  • German parliament to discuss the company’s collapse on July 29

The Wirecard AG logo sits on the company's headquarters in Munich.

Photographer: Andreas Gebert/Bloomberg
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Angela Merkel promoted Wirecard AG during a past state visit to China, the latest revelation about the government’s association with the fallen German tech darling.

Opposition lawmakers are threatening to call for a parliamentary investigation as they press Merkel’s administration over how it pursued fraud allegations against a member of Germany’s benchmark DAX index.