In a report by Inquirer, BPI president Cezar Consing said a “very junior officer appeared to have had a hand in creating this document.”
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.
Consing said the assistant manager was placed under preventive suspension pending a probe on the issue.
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.
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.