According to research by the Frankfurter Allgemeine Zeitung (FAZ), there are first prospective buyers for the insolvent German financial service provider Wirecard. These include unspecified "private investors and private equity funds" and a competitor of Wirecard: the French payment service provider Worldline.
The Worldline company had already taken over a competitor in February 2020. It was also the French payment processing company Ingenico. As a result of the merger, Worldline claims to have become the world's fourth largest digital payment provider.
Wirecard submitted an application to open Munich bankruptcy proceedings on Thursday. The board of directors of the payment service provider had admitted that bank balances on Asian trust accounts in the amount of more than 1.9 billion euros probably do not exist. The public prosecutor's office in Munich is investigating suspected falsification of the balance sheet and market manipulation. The Finance Committee of the Bundestag wants to deal with the bankruptcy of the Dax group in its meeting on July 1st.
According to the newspaper, it has questions from the Green MP Danyal Bayaz to the Federal Government, which are aimed at possible failures by the BaFin supervisory authority in reviewing Wirecard accounting and the role of the Ministry of Finance. A spokeswoman for BaFin had already commented on Friday: "Since Wirecard AG is not a financial company, we at BaFin cannot directly examine the company for possible violations of the balance sheet," she said.