NBI orders authorities to submit docs on reported death of ex-Wirecard executive

The National Bureau of Investigation (NBI) has ordered authorities in Parañaque City to submit records relating to the reported death of a former official of German payments company Wirecard.

Justice Secretary Menardo Guevarra said the NBI has subpoenaed the city's health officer and civil registrar to submit the death certificate, burial permit, and other relevant records of one Christopher Bauer.

Bauer, a former executive of Wirecard Asia, was covered by an ongoing investigation of the NBI and the Anti-Money Laundering Council on an alleged multi-billion dollar fraud at Wirecard that was reported to have links to the Philippines.

Guevarra earlier said the Department of Justice was confirming whether the "Christopher Reinhard Bauer" who died in Parañaque was the same person authorities are investigating.

He said the NBI has submitted an initial report on its investigation of Wirecard.

Wirecard's missing 1.9 billion euros (USD2.1 billion) was claimed to have been banked in the Philippines, but the country's two biggest banks — Banco de Oro and the Bank of the Philippine Islands — denied this.

The Philippine central bank also said the money did not enter the country's financial system.

Wirecard's former chief operating officer Jan Marsalek, was recorded as entering the Philippines on June 23 then leaving for China a day later, but Guevarra later said those records had been falsified.—AOL, GMA News