Court throws out Wirecard's case against Singapore police

Motions filed by Wirecard baseless and fundamentally wrong, state prosecutors argue

Wirecard's Singapore offices were raided last month. The firm claimed some of the evidence obtained from it went beyond the allegations being investigated.
Wirecard's Singapore offices were raided last month. The firm claimed some of the evidence obtained from it went beyond the allegations being investigated. PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

The High Court has thrown out a case lodged by beleaguered payment giant Wirecard that sought to limit the scope of police investigation here amid an ongoing international probe into fraud allegations.

Wirecard, whose Singapore offices were raided by Commercial Affairs Department (CAD) officers last month, called the wide-ranging probe "a fishing expedition". It claimed that some of the evidence obtained from it, such as e-mails and accounting records, went beyond the allegations being investigated.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on March 12, 2019, with the headline Court throws out Wirecard's case against Singapore police. Subscribe