Arab Press

بالشعب و للشعب
Saturday, Feb 22, 2025

Wirecard executive fled by private jet to Belarus as firm collapsed

Wirecard executive fled by private jet to Belarus as firm collapsed

Jan Marsalek, Wirecard’s ex-COO who is on Interpol’s most-wanted list, fled in June shortly before Wirecard filed for insolvency.

A former senior executive at Wirecard AG escaped from Austria to Belarus on a private aircraft last year with the help of a secret-service agent and a far-right politician, according to an arrest warrant seen by Bloomberg.

Jan Marsalek, the German payments company’s ex-chief operating officer who is on Interpol’s most-wanted list, fled in June shortly before Wirecard filed for insolvency.

Executives admitted that €1.9 billion (US$2.3 billion) in funds never existed, setting off one of Germany’s biggest accounting scandals.

The company’s implosion is the subject of a parliamentary investigation in Berlin, in which officials ranging from Chancellor Angela Merkel’s chief economic adviser to Deutsche Bank AG chief executive Christian Sewing have been called to testify.

Austrian police on Friday detained a senior official from the BVT domestic intelligence service – currently on a long-term leave of absence – for two days before releasing him, according to Nina Bussek, a spokeswoman for the prosecutors’ office in Vienna.

A former member of parliament for the far-right Freedom Party was also taken into custody in connection with the escape and remains there due to a separate matter, said Christina Salzborn, a Vienna court spokeswoman. The two men cannot be named for legal reasons.

Both have long-standing personal and business relationships with Marsalek, emails and photos reviewed by Bloomberg News show. The BVT official’s name was on the door of a room in a Munich villa visited by Bloomberg that was used by Marsalek to conduct business related to Wirecard and personal matters.



Marsalek, 40, was the right-hand man of Wirecard CEO Markus Braun, who is in jail in Germany. Marsalek’s current whereabouts are unknown – media speculation ranges from a compound outside Moscow to a secret hideaway in Turkey and a tropical island.

An Austrian citizen, he is seen as a key player in a fraud scandal that has burned many investors, exposed holes in financial oversight and raised the prospect of bias by authorities.

Austrian prosecutors suspect that the two men organised Marsalek’s escape with the help of two pilots, according to the arrest warrant.

A third person, also from the BVT, has been detained in connection with the Wirecard case and is being investigated for abuse of office, according to the prosecutors’ office in Vienna. The person isn’t suspected of aiding Marsalek’s flight.

The warrant, a redacted version of which has been published online, confirms an investigation by Bellingcat that had placed Marsalek in Belarus, as well as reporting by Austrian newspaper Die Presse.

The BVT – which stands for Federal Office for Protecting the Constitution and Fighting Terrorism – became the centre of a power struggle inside Austria’s security apparatus during the years in which the Freedom Party governed in coalition with Chancellor Sebastian Kurz.

In early 2018, when the party was in charge of the Interior Ministry, an unprecedented police raid took place at the BVT. It was carried out following accusations of malpractice and corruption by a whistle-blower close to the Freedom Party, according to the findings of a parliamentary committee. Most of the accusations were later found by the courts to be without substance.

One of the two men detained in connection with Wirecard is suspected of being the whistle-blower behind the accusations that led to the raid, according to a person familiar with that case as well as multiple media reports. The man denied the allegation in testimony to the parliamentary committee in 2018.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
The negotiation teams of Trump and Putin meet directly, establishing the groundwork for a significant advance.
Israeli Minister Urges Hamas to Surrender and Depart from Gaza.
Iran Considers Moving Its Capital Due to Urban Difficulties
Israel and Hamas Finalize Sixth Exchange of Hostages and Prisoners During Continuing Gaza Ceasefire
Leaders of BRICS to Gather in Rio de Janeiro for July Summit
Muhsin Hendricks, a trailblazing openly gay imam, was killed in South Africa.
Trump's special envoy for hostage affairs cautions Hamas against challenging Trump before Saturday's deadline.
Two British citizens apprehended in Iran amid escalating tensions.
Israel Issues Threat of Military Action as Hostage Negotiations with Hamas Continue
Hamas Coordinates Worldwide Solidarity Marches in Reaction to U.S. and Israeli Initiative
Israel Warns of Ending Gaza Ceasefire Due to Hostage Situation
King Abdullah II Dismisses US Proposal to Relocate Palestinians, Commits to Welcoming Gaza Children.
Lebanon Installs New Government with Hezbollah's Impact on Key Ministries
Report: Iran Attempted to Assassinate Trump During Election Campaign
U.S. Authorizes $7.4 Billion Arms Sale to Israel
Iran's Supreme Leader Rejects Nuclear Negotiations with the U.S.
UN Chief Denounces Trump's Gaza Plan, Cautions Against Ethnic Cleansing
Pressure Intensifies for a Free Trade Agreement between the UK and GCC in Light of Economic Difficulties
Israel to Withdraw from UN Human Rights Council Due to Accusations of Anti-Semitism
EU Reaffirms Gaza's Essential Role in Future Palestinian State Following Trump's Proposal
Iranian Currency Reaches All-Time Low Amid US 'Maximum Pressure' Initiative.
UN Reaffirms Ban on Deportation from Occupied Territories Amid US Gaza Proposal
Palestinians Fear Repeat of 'Nakba' Amid Ongoing Crisis in Gaza
UAE Aids in the Exchange of 300 Prisoners Between Russia and Ukraine
Egypt Seeks Global Backing for Two-State Solution Following US Proposal for Gaza Plan
Trump's Suggestion to 'Seize Control' of Gaza Represents a Significant Shift in US Policy
French President is the first EU leader to extend congratulations to the new Syrian President.
Tunisian President Appoints New Finance Minister Amid Economic Crisis
Trump Suggests U.S. 'Takeover' of Gaza, Prompting Global Worries
Trump's Proposal for Gaza Provokes Global Debate
President Trump Suggests Moving Gaza's Palestinian Population
Aga Khan IV, Spiritual Leader and Philanthropist, Dies at 88
Erdogan and Syria's Sharaa Talk About Collaboration to Counter Kurdish Militants
Trump Suggests U.S. Control of Gaza Strip Amid Ongoing Conflict
Trump Resumes 'Maximum Pressure' Strategy to Limit Iran's Oil Exports.
Ex-British Soldier Sentenced for Espionage on Behalf of Iran and Fleeing from Prison
Gazans in Egypt Reject Displacement, Struggle with Return to War-Torn Home
Queen Rania Urges Protection of Children’s Rights at Vatican Summit
Hamas Officials Ready to Begin Negotiations for Phase Two of Gaza Truce
Trump Expresses Caution Over Gaza Ceasefire as Netanyahu Visits Washington
Oman to Host 18th Indian Ocean Conference on Maritime Security and Trade
Emir of Kuwait Meets BlackRock CEO for Talks on Investment Opportunities
Queen Rania of Jordan Calls for Global Action on Children’s Rights at Vatican Summit
Egyptian President El-Sisi Invited for White House Meeting Following Jordanian King’s Visit
Queen Rania Calls for Protection of Children’s Rights at Vatican Summit
Israeli Military Operations Continue on Lebanon Border Amid Ceasefire Tensions
Israeli Hostage's Release Highlights Uncertainty Over Family's Fate
Israeli Military Operations Escalate in Southern Lebanon Amid Hezbollah Tensions
Zayed Award for Human Fraternity Announces 2025 Honorees
Kuwait Anticipates a 12% Increase in Budget Deficit for the 2025-2026 Fiscal Year
×