Wirecard hires KPMG for independent audit amid accounting doubts

The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder/Files

BERLIN: Wirecard AG commissioned KPMG to conduct an independent audit of the digital payments company in its latest effort to calm investors rattled by reports of accounting irregularities.

The audit firm will have "unrestricted access to all information on all levels of the group, ” Wirecard said in a statement on Monday. KPMG’s review of accusations raised by the Financial Times will begin immediately and will be presented in "due course.”