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In the Munich Wirecard trial, the court refused to stop the proceedings in the biggest German accounting scandal since 1945. The 4th Criminal Chamber of the Munich Regional Court I rejected stay requests made by both the defense lawyers of former CEO Markus Braun as the lawyers for Wirecard’s former chief accountant.

Munich – The judges do not see any serious violation of the principles of the rule of law, as President Markus Födisch explained on the tenth day of the trial. An “effective defense” is not affected.

The defense lawyers accuse the Munich prosecutor’s office of having subsequently overwhelmed the defense with tens of thousands of pages of files and documents and, on the other hand, of having hidden essential documents from the lawyers. Braun’s defense attorney, Alfred Dierlamm, had stated that due process under the rule of law was not possible in these circumstances.

Braun, a former chief accountant and former CEO of Wirecard in Dubai, is charged with gang business fraud. According to the indictment, they are said to have falsified the balance sheets of the payment service provider since 2015 and damaged the lending banks by 3.1 billion euros. dpa

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