German Finance Minister Knew of Wirecard Issues a Year Before Collapse

(Bloomberg) — German Finance Minister Olaf Scholz was aware of potential market manipulation at Wirecard AG almost a year and a half before the company collapsed, putting pressure on a key figure in Angela Merkel’s government.

Financial watchdog BaFin informed Scholz in February 2019 about the case “because of the suspicion of a violation against the prohibition of market manipulation,” according to a report by the Finance Ministry seen by Bloomberg.

His early knowledge of the allegations swirling around Wirecard increases scrutiny on the highest-ranking Social Democrat in Merkel’s coalition and lays bare the delicate political dynamics just over a

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Germany to overhaul accounting regulation after Wirecard scandal

Markus Braun, former chief executive of Wirecard - Michael Daider /Reuters
Markus Braun, former chief executive of Wirecard – Michael Daider /Reuters

Germany’s accounting watchdog is set to be stripped of its powers in the wake of the Wirecard scandal. 

The government will end its contract with the Financial Reporting Enforcement Panel (FREP) as soon as Monday, according to reports.

The job of overseeing company accounts will be taken on by Bafin, Germany’s financial regulator. 

“We have reached an agreement with the Finance Ministry to terminate the contract,” a Justice Ministry official told the Bild am Sonntag newspaper

Germany has been rocked by the collapse of payments company Wirecard, which filed

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Press Release On Seoneedthis.info

Malang 9 August 2020

Seoneedthis.info is a place to learn Search Engine and does not sell and buy SEO services.

Ifan Azwar Anas is an SEO Artist as well as the owner of Godsseo, Goyizseo, and seoneedthis.info. With the increasing number of internet users in Indonesia, search engines’ role will be even more significant in the business world.

Many SEO services offer services in the field of SEO, but it is apparent that Seoneedthis.info is only a place to learn search engines without trading any services.

The education provided at Seoneedthis.info is about all activities related to search engines, … Read More

Should Value Investors Choose WhiteHorse Finance (WHF) Stock?

Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn’t want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?

One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let’s put WhiteHorse Finance, Inc. WHF stock into this equation and find out if it is a good choice for value-oriented investors right now, or

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