The Bangko Sentral ng Pilipinas (BSP) is looking into the alleged involvement of two of the country’s largest banks in a fraud involving the $2.1 billion missing funds of Germany-based digital financial technology leader Wirecard AG.
BSP Governor Benjamin Diokno said the regulator is aware of reports about Wirecard and is already looking into the matter.
“The BSP is aware of reports about German payment company Wirecard and is already investigating it,” Diokno said.
Diokno said the report submitted to the central bank last June 9 is covered under the report on financial crimes and losses.
BDO Unibank Inc. of the Sy family and Ayala-led Bank of the Philippine Islands (BPI) have denied involvement in the fraud.
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