FRANKFURT, Sept 1 (Reuters) - German lawmakers launched a
parliamentary enquiry into the collapse of payments firm
Wirecard WDIG.DE on Tuesday, a probe that will force the
government to reveal more about a failure to avert the country's
biggest post-war corporate fraud.
"We want to begin a parliamentary enquiry into the Wirecard
scandal," said Lisa Paus, of the Green party, announcing an
alliance with the Left party and pro-business Free Democrats
(FDP) in launching the probe.
The implosion of what was seen as a German success story
once worth $28 billion has embarrassed the government, which
prides itself on a reputation for rectitude and reliability,
amid criticism that German authorities ignored many red flags.
Wirecard is now being dismantled, after its disclosure of a
1.9 billion euro hole in its accounts earlier this year
triggered its insolvency.