EY Failed to Ask for Wirecard Bank Statements for 3 Years: FT

EY failed for more than 3 years to request “crucial” account information from Singapore’s OCBC Bank where Wirecard claimed it had up to EU1b in cash, FT reports, citing unidentified people with first-hand knowledge.

• OCBC declined to comment to FT
• EY declined to comment on the regulatory investigation and details of its work
• NOTE: June 26, German SDK Files Complaint Vs Current, Former EY Auditors (1)
• NOTE: June 25, EY Reviews Wirecard 2018 Accounts Audit: WirtschaftsWoche

To contact the reporter on this story:
Deana Kjuka in Prague at dkjuka@bloomberg.net

To contact the editors responsible for this story:
Sunil Kesur ...