Law firm's report on Wirecard transactions could be finished soon - source

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[March 08, 2019]   MUNICH (Reuters) - A report by a law firm mandated by German payments company Wirecard to investigate transactions that media reports described as suspicious could be completed soon, a source told Reuters on Friday.

 

Wirecard declined to comment.

CEO Markus Braun earlier said on Twitter: "I am convinced that in the very near future the market can solely focus on the strong operative performance and innovations of Wirecard."

The company in February said law firm Rajah & Tann made no conclusive findings of criminal misconduct by employees of the company.

German authorities in February opened an investigation into a Financial Times journalist after the paper reported on the company's Singapore transactions citing an internal probe by Rajah & Tann.

(This story corrects first name of Wirecard's CEO in third paragraph).

(Reporting by Joern Poltz; writing by Tassilo Hummel; editing by Sabine Wollrab and Thomas Seythal)

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