German Prosecutors Probe Bank Regulator's Role In Wirecard Collapse
Faizan Hashmi Published April 12, 2021 | 05:30 PM
Frankfurt, (UrduPoint / Pakistan Point News - 12th Apr, 2021 ) :German prosecutors said Monday they have launched investigations into the role played by banking regulator Bafin in the dramatic collapse of payments provider Wirecard, after several complaints were filed against the supervisory watchdog.
"These criminal claims and information from media reports have prompted prosecutors in Frankfurt to carry out investigations to determine whether the allegations against unknown managers and employees are justified," a spokesman for the prosecutor's office told AFP.
Recent Stories
LHC sets aside victory notification of PML-N candidate from NA-81
10 minutes ago
11 ACE employees get promotion
10 minutes ago
Dera police arrested 2 drug peddlers
10 minutes ago
Rs.225,000 fine imposed on selling Roti at excessive price
11 minutes ago
Bangladesh rope in Pak spin great to coaching staff ahead of T20 WC
11 minutes ago
Power Cutback at Neelum-Jhelum Dam: Pressure Drop Forces 530 MW Reduction
12 minutes ago
Torrential rains affect wheat crop, fruits orchards in KP
15 minutes ago
Replacement of outdated lines, solar scheme dire need, says MD WASA
15 minutes ago
Revenue department Abbottabad resolves urban settlement issues
15 minutes ago
Farmers advised to adopt pre, post harvest management for wheat crop
11 minutes ago
Bilawal meets PPP delegation from Gilgit-Baltistan
11 minutes ago
Azerbaijani ambassador calls on Defence Minister
16 minutes ago