It is probing foreigners and local bank officers with ties to the firm.
The Philippines is looking into financial transactions made by a law office and a tour operator that appeared to have acted for Wirecard or its former COO Jan Marsalek, reports Bloomberg.
The country’s National Bureau of Investigation has submitted a progress report to the Anti Money Laundering Council, Justice Secretary Menardo Guevarra said. The council said in September that it is investigating 57 foreigners and local bank officers for possible ties to the embattled German firm.
The central bank, on the other hand, has also banned former bank employees from the industry for allegedly falsifying documents for Wirecard.
It has also said that none of Wirecard’s missing money ever entered the Philippine financial system.
Here’s more from Bloomberg.
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