Wirecard’s $2.1 billion accounting scandal is being investigated by the Philippines, which said that the German payments firm’s former chief operating officer Jan Marsalek may be in the country. Philippine Justice Secretary Menardo Guevarra said on Wednesday that he had instructed state investigators to coordinate with the central bank’s anti-money laundering council in investigating Wirecard. Marsalek was fired by Wirecard on Monday after it disclosed that the billions, purportedly held at two Philippine banks which have denied any connection with the German firm, probably did not exist.
