EY offices in Düsseldorf

Since 2020, the Apas supervisory authority has been examining whether and to what extent the auditors breached their obligations in their work for Wirecard, and what the consequences are.

(Photo: imago images/Michael Gstettenbauer)

dusseldorf It is the final line below one through the wire cardOverwhelmingly burdened career scandal: Four auditors at EY for former Dax group wire card responsible have returned their licenses. The Handelsblatt learned this from circles familiar with the events.

For the quartet, a professional law procedure by the audit of Apas accounts also came to an end. Three of them signed Wirecard’s various annual financial statements as lead auditors.

Wirecard filed for bankruptcy in June 2020 as a result of a multi-million dollar fraud scandal. Immediately before that, EY had declined certification for 2019. Previously, however, the firm had unreservedly audited the group’s balance sheets for more than a decade.

The proceedings of Apas against EY are in the final stretch

This led EY examiners to suspect that they had not looked closely enough. Since 2020, Apas has been examining whether and to what extent auditors ever breached their duties in their work for Wirecard and what the consequences are.

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