High Court dismisses Wirecard's application to limit police investigation

Wirecard had sought a return of documents and for investigators to obtain evidence only related to the fraud allegations. PHOTO: AFP
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SINGAPORE - 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.

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