FRANKFURT (Reuters) – The investor TCI Fund Management said on Tuesday that it has filed a criminal complaint against Wirecard managers with public prosecutors in Munich.
A recent independent audit by KPMG, along with reporting by the Financial Times and WirtschaftsWoche, “reveal anomalies that may have criminal relevance”, it said.
TCI has disclosed that it has net short positions against Wirecard stock, a bet that the shares will fall.
Wirecard was not immediately reachable for comment. The company has repeatedly denied allegations including accounting irregularities and disclosure violations.
(Reporting by Patricia Uhlig; Writing by Tom Sims; Editing by Maria Sheahan)
