“Its always in the last place you look”, “it’s probably where you left it”, “check down the back of the sofa”
These are statements that are usually helpful when we lose the TV remote, our phone or a tenner, less so when the missing amount is £1.7Bn and you’re a major international payments processor.
Wirecard has this sum missing from their books which has emerged after a large degree of investigative journalism by the FT (who said print media is dead eh?) into the firms Asian Operations
It was claimed the money was set aside for “risk management” however it appears to have gone (along with their CEO) the way of the Dodo, the dinosaur and the Woolly Mammoth, disappearing entirely.
They have at time of writing claimed that the money may not exist at all, sure what is a couple of billion between friends hmm?
