By Nancy Carvajal
The source said the circumstances of former Wirecard Asia Pacific executive Christopher Bauer were being investigated.
“There are questions in Bauer’s death that have to be verified and checked, thus further investigation surrounding his death is needed,’’ the source explained.
Bauer’s death certificate listed the cause of his death as “septic shock secondary to cellulitis caused by diabetic ketoacidosis.”
The businessman’s Filipina wife, Belinda Flordeliza, posted about his death on July 27 while a German newspaper in Bauer’s hometown published a notice on his demise on August 1.
Prosecutors in Germany, however, have yet to receive an official notice of Bauer’s death as of August 5, according to reports.
Bauer’s photos on Facebook have also been deleted.
The 45-year-old businessman was reportedly close to dismissed Wirecard chief operating officer Jan Marsalek, who is also under investigation in Germany over the financial scandal.
Wirecard reportedly granted multimillion-dollar loans to Bauer to operate his businesses in the Philippines: PayEasy Solutions, an online payment company, and P2P bus provider Froehlich Tours.
A source said among junket operators in Suncity Group Manila and Tiger Resort Leisure and Entertainment were among Froehlich Tours’ biggest clients.
The Financial Times reported Bauer’s admission during a meeting last
March with auditors that some of PayEasy’s clients were involved in “high risk” businesses such as gambling and pornography.
On paper, Bauer’s two companies reportedly generated substantial profit for Wirecard until the German company’s collapse.