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MANILA: None of the US$2.1 billion missing from scandal-hit German payments close Wirecard AG appears to accept entered the Philippine cyberbanking system, the axial coffer said on Sunday (Jun 21).

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Bangko Sentral ng Pilipinas Governor Benjamin Diokno said in a account the Southeast Asian country’s better lenders, BDO Unibank and Coffer of the Philippine Islands , suffered no losses, admitting accepting been called in affiliation with the missing funds.

The arch controlling of Wirecard, Markus Braun, who congenital the aggregation into one of the hottest cyberbanking technology investments in Europe and a attenuate tech best for Germany, abdicate on Friday as the aggregation faces a banknote crisis afterwards adage it may accept been the victim of fraud.

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The chase for the missing banknote hit a asleep end in the Philippines, but the two Philippine banks accept said abstracts purporting to appearance Wirecard had deposited funds with them were false.

“The antecedent address is that no money entered the Philippines and that there is no accident to both banks,” Diokno said, admitting he added that the axial coffer was investigating.

“The all-embracing cyberbanking aspersion acclimated the names of two of the country’s better banks — BDO and BPI — in an attack to awning the perpetrators’ track,” he said.

BDO and BPI accept declared that Wirecard was not their applicant and that they had no business accord with the German firm, Diokno said.

BPI, however, told Reuters on Saturday that it had abeyant an abettor administrator whose signature appeared on one of the counterfeit documents.

BDO told the axial coffer that it appeared one of its business admiral had bogus a coffer certificate.

Diokno common the Philippine cyberbanking arrangement was in a able position activity into the coronavirus communicable and well-capitalised.

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