Friday, October 30, 2020

More Wirecard?

Over the past couple of months, I've essayed a piece or two over the spiral of Wirecard (the German money-card company).  

There's probably enough chatter now for a 400-page book to be easily written over the failure of the company, and the illegal behavior that they demonstrated. 

This morning....via ARD (public TV, Channel One)....there's this odd new report over Wirecard and their board of directors.

ARD says....that one member of the board (Austrian guy, Malsalek) was probably a undercover agent of some type for the Austrian government.  

German federal prosecutor office is the authority suggesting this, and apparently asking a lot of questions.  Did the Austrian federal prosecutor office know about this?  It's not clear.

It appears that the Austrian federal prosecutor folks knew Malsalek, and had a connection to the guy.  Maybe just a 'friend' of the undercover agent crowd?  You just don't know.

Comments out of Vienna?  Nothing.

Germans talking to the British and Americans over this?  Apparently.  It wouldn't shock me if both also had undercover agents within Wirecard, and knew exactly what they were, and simply viewed particular cases as 'interesting', and letting Wirecard exist in an illegal way, as part of the 'trap-mechanism'.

So prepare for the Germans to come up by spring of 2021, and admit....various governments (maybe even the French, Chinese, Russian, and Swedes)....all had secret operations existing....while the Germans had nothing and just gazed off in different directions.  It'll be embarrassing to admit this....a dozen-odd countries using a German money-transfer company, to spy upon, and the Germans themselves couldn't do the same thing.

No comments: