Following the sale of several Asian Wirecard companies, proceeds from the collapse of the collapsed conglomerate rose to €600 million. Insolvency Administrator Michael Jaffe on Monday announced the successful sale of PT Prima Vista Solusi, an Indonesian company with approximately 670 employees, to a local company in the Southeast Asian country. In addition, two previously agreed sales were concluded by Wirecard companies in Hong Kong and Malaysia.
new sales
According to reports, sales brought in the mid-two digits in the million amount. So the total income is now 600 million euros. Creditors and shareholders have filed claims of more than twelve billion euros in bankruptcy proceedings.
The former DAX Group collapsed in June 2020 after the board accepted fantasy bookings worth €1.9 billion. Meanwhile, parent company Wirecard AG has ceased business. The company exists only as a shell, which is required for bankruptcy proceedings. Former CEO Marcus Braun is in custody for a year on suspicion of fraud, while former sales director Jan Marslake is still on the run.
(olb)
Connor Beaumont is a contributor to CA News Ottawa, covering news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on clear, accurate reporting and useful information that helps readers stay informed about current affairs and developments that shape their communities. His work highlights relevant stories, emerging trends, and important issues, presenting them in a balanced, accessible, and reader-friendly manner.
