After Braun turned himself in, he pledged his cooperation in a first meeting with investigators, Leiding told reporters. They said it wasn't considered necessary to keep him in custody to secure the proceedings at present, given that he had turned himself in. Wirecard disputed the reports, which started in February 2019, and said it was the victim of speculators. On Monday the company fired its chief operating officer, Jan Marsalek, who had been suspended from the management board last week. German news agency dpa reported that Marsalek had been in charge of overseeing daily operations including in Southeast Asia, where the possible fraud occurred.

Source: Daily Sun June 23, 2020 09:00 UTC