Wirecard’s Day of Reckoning Arrives Faster

Wirecard's Day of Reckoning Arrives Faster

The court is now pushing for speed in the ongoing criminal trial against former Wirecard CEO Markus Braun and two other defendants. According to a court decision reported by the “Süddeutsche Zeitung” (Wednesday edition), the court is urging the focus on a total of ten central charges. Otherwise, a verdict “is not to be expected before 2026”.

Too many of the allegations in the nearly 500-page indictment have not yet been thoroughly examined. At least some of them are likely to “not have a significant impact” in the end, according to the court’s assessment. Therefore, the judges suggest concentrating on a few, but significant, charges.

The court, however, cannot shorten the indictment itself, as this is the responsibility of the prosecution, in accordance with the Criminal Procedure Code. In response to a query from the newspaper on Tuesday, the prosecution stated that it would “examine this judicial recommendation” and provide a statement at the court in January.