No Missing Wirecard Funds in Philippines: Central Bank

The transcript discusses the investigation into Wirecard's missing 2.1 billion euros, which were never found in the Philippines. The scandal led to the resignation of Wirecard's CEO and a significant drop in stock value. Marcus Brown, the former CEO, faces financial difficulties due to his stock holdings. The company's credit rating was downgraded by Moody's, highlighting the severity of the financial scandal.

What were the consequences faced by Wirecard's former CEO, Marcus Brown?

What does the downgrade of Wirecard's credit rating by Moody's indicate about the company's financial status?