I thought in Ukraine it is possible, that billions of Euro can simply disappear. But not in Germany, although the country is becoming more inefficient & corrupt. But sadly it has happened.
Wirecard reported, that they have 1/4 of their balance sum in cash in an account at the BDO Unibank and in an account at the Bank of the Philippine Islands (BPI).
Both banks say in an official statement, that Wirecard was never a customer!
Ernst & Young accountants are unable to close under this conditions the balance sheet. Today at the 19th is the deadline for this. The financial authorities could take today their banking licence and their creditors can claim all loans ca. 1,5 billion Euro instantly.
Imo if this will happen they are definitly bankrupt. 1,9 billionen stolen + 1,5 billion loans to repay they will not survive.
https://www.faz.net/aktuell/wirtschaft/unternehmen/philippinische-banken-wissen-nichts-von-den-wirecard-milliarden-16822563.html