The Wirecard Scandal: Where Were the Stakeholders?

March 25, 2021

The Wirecard scandal is shameful for all stakeholders. The Financial Times (FT) provides excellent coverage for this mega corporate failure of Germany. The following is the latest published by the FT. I posted it on LinkedIn.

My comment: “Wow. 10 years of fraud and corruption in the making under the direct oversight of all those who are in charge to deter and prevent corruption.

Remember, this happened in Germany, not in a developing country. I invite your imagination to think about what is happening in many many developing countries.”

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Mike Masoud, CACM, CFE, MIPA AFA, MBA

CACM, CFE, MIPA AFA, MBA. Senior Director in the Middle East and Africa of The American Anti-Corruption Institute (AACI).