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Wirecard accounting chief admits 'mistakes' in fraud trial

Wirecard accounting chief admits 'mistakes' in fraud trial

The Peninsula
Wednesday, July 17, 2024 12:12:32 PM UTC

Munich, Germany: Wirecard s former top accountant spoke Wednesday for the first time in the ongoing trial into the $2 billion fraud scandal that broug...

Munich, Germany: Wirecard's former top accountant spoke Wednesday for the first time in the ongoing trial into the $2 billion fraud scandal that brought down the German payments firm and acknowledged making mistakes.

Stephan von Erffa said he sometimes felt overwhelmed in the job but rebuffed the accusations made against him by prosecutors.

"I had a lot on my plate and at times I felt like a juggler," von Erffa said at a court in Munich.

"I see that unfortunately I made mistakes that I regret," he said.

But the 49-year-old insisted that he had never used his position to enrich himself and sought to play down his role at the scandal-hit firm.

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