It was 34 days of of “intense activity” and urgent action, the court was told. On October 28, 2020 joint provisional liquidators James Anderson and Ken Fennell of Deloitte were appointed to the Irish arm of Wirecard, the German payments processor that collapsed in 2020 amid a global fraud scandal. On November 30, the accountants were confirmed as liquidators of Wirecard UK and Ireland Ltd, tasked with winding up the company, which then had recorded assets of €556.5 million, much of it comprising of cash that was said to be held in escrow accounts. By the time their appointment was…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.