escrow

Fintech

Wirecard says cash missing, share price tumbles 46% by noon

SIINGAPORE (June 18): On June 18, Wirecard AG announced that its auditor EY said the audit certificate for the annual financial statements for the past fiscal year 2019 requires additional audits. This is due to recent communications from the two banks th

Update

Allied Tech recuses three directors, including JLC partner

SINGAPORE (May 27): Allied Technologies says three of its directors have recused themselves due to conflicts of interest related to the missing $33.2 million from its escrow account held by law firm JLC Advisors.
×