May 8, 2020 / 9:55 AM / 2 months ago

Germany's BaFin investigating Wirecard communication ahead of audit publication

FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder

FRANKFURT (Reuters) - Germany’s financial market watchdog BaFin is investigating Wirecard’s (WDIG.DE) communication with investors directly ahead of the publication of a critical audit by KPMG, a spokeswoman for the regulator said on Friday.

BaFin had previously said it would include the findings of the KPMG audit in its ongoing investigation into suspected market manipulation in Wirecard stock.

Reporting by Hans Seidenstuecker; writing by Tom Sims; editing by Thomas Seythal

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