German authorities arrest Wirecard's Dubai unit head.
BANKING AND CREDIT NEWS-July 7, 2020--German authorities arrest Wirecard's Dubai unit head
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Global Banking News - 07 July 2020
Prosecutors in Germany have arrested the head of Wirecard's Dubai subsidiary.
The arrest was made following suspicion of fraud. Oliver Bellenhaus, who ran Wirecard's CardSystems Middle East, is the second executive to be arrested after the firm ran into a financial crisis. CEO Markus Braun was earlier arrested and released on bail.
Bellenhaus was arrested on suspicion of...
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