International Companies

Court orders former Wirecard executives to pay €140m

By Abigail Townsend

Date: Thursday 05 Sep 2024

(Sharecast News) - Three former executives of Wirecard, including chief executive Markus Braun, have been ordered to pay €140m in damages by a Munich court.
Insolvency administrator Michael Jaffe had claimed in a civil case that the executives had violated their duties by approving loans to a Singaporean company.

The...

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