Wirecard’s chairman Wulf Matthias does not believe that his company needs an independent forensic audit, despite the fact that the company has been accused of fraudulently inflating sales and profits. “Prima facie, EY is evaluating the matters sufficiently,” he told The Financial Times. His comments...
The former chief operating officer of Spanish lender BBVA is under investigation for corporate spying. Ángel Cano, along with seven other current and former bank executives, including former security chief Julio Corrochano, has been named as a person of interest in the investigation. A judge...
Internal auditors at Deutsche Bank found weaknesses in anti-money laundering processes resulted in checks and high-value electronic payments being processed without undergoing the proper vetting. The Financial Times, citing people familiar with the review, reported the lax anti-money laundering and sanctions controls were in place...
The West Virginia State Auditor’s office has announced a new tax program aimed at vendors who owe the state money. The program will prevent vendors who owe the state money from being payed. Instead, the money will be sent to the State Treasury to benefit...
October 21, 2019
Wirecard’s chairman Wulf Matthias does not believe that his company needs an independent forensic audit, despite the fact that the company has been accused of fraudulently inflating sales and profits. “Prima facie, EY is evaluating the matters sufficiently,” he told The Financial Times. His comments come after FT published documents last week allegedly provided by […]
July 03, 2019
The former chief operating officer of Spanish lender BBVA is under investigation for corporate spying. Ángel Cano, along with seven other current and former bank executives, including former security chief...
June 10, 2019
Internal auditors at Deutsche Bank found weaknesses in anti-money laundering processes resulted in checks and high-value electronic payments being processed without undergoing the proper vetting. The Financial Times, citing people...
