Wirecard told judicial review is legal route for move against CAD
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Tay Peck Gek
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Singapore
TWO subsidiaries of German digital payments firm Wirecard have failed in their criminal motions on Monday after the High Court said that such applications to get the Commercial Affairs Department (CAD) to limit the seizure of documents should be made under another legal procedure - judicial review.
And it was revealed during the hearing that Wirecard Asia's vice-president and director Edo Kurniawan has reportedly gone missing since Feb 9 - a day after Singapore's white-collar crime-buster raided Wirecard Asia and Wirecard Singapore offices here.
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