Shortly before the Wirecard bankruptcy, the group transferred assets to Singapore. The money is gone, so the insolvency administrator is suing former top managers. They say they didn’t do anything wrong.
It was obviously a good idea to reserve the largest hall in the Munich Palace of Justice. Around two dozen lawyers alone populated the room on Thursday morning: representatives of plaintiffs, defendants, interveners – many are involved in this process. There are also spectators and journalists. Almost all the seats are occupied, only the three judges sit comfortably at the head of the room. And that in proceedings before a chamber for commercial matters. In a compensation process.