Wirecard: The big mystery about the Singapore loans – Economy

Wirecard scandal

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What role did a start-up play in Singapore?

Reading time: 5 mins

It is one of the unanswered questions in the Wirecard case: where did the 230 million euros in loans for a questionable company in Singapore go? There is one who might have a lot to tell.

from

Jan Diesteldorf, Klaus Ott, Jörg Schmitt and Nils Wischmeyer

Wirecard scandal: Business address of the mysterious mini-company Ocap: das "Fintech Innovation Center" on Robinson Road in Singapore.  Did some of the Wirecard millions disappear here?

Business address of the enigmatic mini-company Ocap: the “Fintech Innovation Center” on Robinson Road in Singapore. Did some of the Wirecard millions disappear here?

(Photo: Mark Cheong/dpa)

There are careers that were extraordinary even for a rising company like Wirecard. In just twelve years, Carlos Häuser made it from an intern in software development almost up to the board of directors of the former DAX company. With hefty salary increases every few years, also personally signed by CEO Markus Braun. In the end, Häusler earned a basic salary of 240,000 euros per year plus a bonus – before he left the payment service provider almost overnight at the end of 2017.

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