Wirecard shares slump over missing €1.9bn
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Shares in German payments company Wirecard have fallen more than 60% after the firm said its auditor had raised questions over cash balances worth €1.9bn (£1.7bn).
Auditors EY had refused to sign off on Wirecard’s accounts, saying it was unable to confirm the money existed.
The missing sum amounts to about a quarter of its total balance sheet.
Wirecard…
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