Wirecard funds supposedly held in trust by Citadelle with OCBC confirmed to be just fraction of initial claims
Add BT as a preferred sourceClaudia Tan HS
AS Wirecard's insolvency administrator seeks to unravel the mischief done at the payments group, details about the extent of the fraud are coming to light - including the roles of Singapore-based players.
In November, detailed bank records surfaced after Wirecard's insolvency administrator Michael Jaffe managed to obtain leave from the Singapore High Court to use these records in his insolvency case.
The records showed massive discrepancies between the amount Wirecard was supposed to have in accounts at OCBC, and what it actually had.
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