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NEWS: Wirecard scandal – auditor EY not liable for damages, says court

Premium February 28, 2025
Picture of the Manchester criminals involved in drug trafficking and money laundering Premium

NEWS: Wigan drugs and money laundering gang jailed for over 40 years

Warning from UBS audit on bank's statements

LATEST: UBS auditor warns over bank’s financial reporting controls

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NEWS: Kuwait pension fund’s $1 billion corruption lawsuit begins in UK court

By Joern Poltz

A GERMAN court said on Friday that EY Germany cannot be held liable for damages in a lawsuit by former Wirecard shareholders over its allegedly flawed audits of the now-defunct payments group.

EY faced considerable fallout from the 2020 collapse of Wirecard – one of Europe’s biggest ever accounting scandals – including a two-year ban on taking on new audits for companies of public interest.

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Picture of the Manchester criminals involved in drug trafficking and money laundering Premium

NEWS: Wigan drugs and money laundering gang jailed for over 40 years

Warning from UBS audit on bank's statements

LATEST: UBS auditor warns over bank’s financial reporting controls

 Premium

NEWS: Kuwait pension fund’s $1 billion corruption lawsuit begins in UK court

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