Wirecard scandal used names of PH banks to 'cover perpetrators tracks': BSP Diokno


Posted at Jul 06 2020 02:03 PM | Updated as of Jul 06 2020 04:07 PM

The logo of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions, is pictured at its headquarters in Aschheim near Munich, Germany, July 1, 2020. Andreas Gebert, Reuters

MANILA -- The Wirecard scandal used the names of the country's top lenders to cover fraudsters tracks, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said Monday. 

During a Malacanang video conference, Diokno reiterated that the missing $2.1 billion of the German payment provider did not enter the country's financial system. 

BDO Unibank and the Bank of the Philippine Islands earlier said that documents linking them to Wirecard were falsified. Employees responsible for the fraud have been terminated. 

The BPI earlier said linking the Philippine banks to the international scandal could likely be a "cover up."

The National Bureau of Investigations and the Anti-Money Laundering Council are currently investigating the scandal, Diokno said.