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How Germany considered rescuing Wirecard days before its doom By John O Donnell and Tom Sims Reuters FRANKFURT (Reuters) - The German government examined the possibility of bailing out Wirecard just three days before it collapsed, according to documents seen by Reuters showing that officials were blindsided by the country s biggest post-war fraud scandal. The payment company filed for insolvency on June 25 last year, owing creditors almost $4 billion, after disclosing a 1.9 billion euro ($2.3 billion) hole in its accounts that its auditor EY said was the result of a sophisticated global fraud. The documents provide previously unreported details of the ministry s exploration of using pandemic rescue funds to bail out Wirecard shortly before its implosion last summer, and demonstrate that officials misjudged the scandal.

Angela merkelMarkus braunMatthias hauerOlaf scholzJan marsalekTom simsWolfgang schmidtJohn odonnellJens zimmermannPatricia uhligUlf gartzkeDanyal bayazJoerg kukiesCouncil information officeJohno donnellFinance minister olaf scholz