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Aral sa Recto ‘yan! BPI tags submanager behind forged Wirecard papers – Consing

Bank of the Philippine Islands has identified one of its assistant managers as a person of interest in its ongoing probe behind the fake documents used in the $2.1 billion Wirecard scam.

In a report by Inquirer, BPI president Cezar Consing said a “very junior officer appeared to have had a hand in creating this document.”

Galing Recto ‘yan! BDO fires employee behind fake docs in $2.1B Wirecard scam

Consing said auditing firm Ernst & Young (EY), in the course of its audit of Wirecard, had inquired about a BPI document certifying that Wirecard had 800 million euros ($892 million) held in escrow with BPI.

No Wirecard cash went through BDO: Nestor Tan hunting for CEO complicit staff in $2.1B scam

Consing said the assistant manager was placed under preventive suspension pending a probe on the issue.

‘Di namin kliyente ‘yan! BPI denies hand in Wirecard’s $2.1B missing funds

The other Philippine bank dragged into the scam, BDO Unibank, has likewise zeroed in on a marketing officer as the culprit behind the forged Wirecrad documents and has since been terminated.

Updated: BDO says it’s a victim in $2.1B Wirecard fraud: Scammers faked our docs, forged officers’ signatures

Both BPI and BDO have denied having any business relationships with the German electronic payment firm, stressing that no Wirecard funds passed through their hands.

Wirecard CEO Markus Braun resigned just hours after BDO and BPI confirmed that the missing $2.1 billion funds do not exist.

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