Ayre Group and Calvin Ayre denies all links to Wirecard scandal
The Ayre Group has firmly rejected claims circulating in the public domain that attempt to link its Chairman, Calvin Ayre, to the international Wirecard scandal.
In a statement issued yesterday, the company dismissed the allegations as entirely baseless.
According to the group, Mr. Ayre “has never had any involvement with Wirecard and has never had any dealings with, and has never met, any of the senior executives or employees of the company.”
The statement further clarified that neither Ayre nor any of his business entities have ever used Wirecard’s services, processed payments through the company, or held any accounts with the now-collapsed German payment processor.
The Ayre Group emphasized that nothing contained in the Wirecard criminal complaint suggests any wrongdoing, impropriety, or association involving Mr. Ayre or his companies.
The company added that, out of respect for the ongoing legal proceedings in Germany related to the high-profile embezzlement case, Mr. Ayre will not comment further at this time.
Wirecard, once considered a rising star in the global fintech industry, collapsed in 2020 following revelations that €1.9 billion listed on its balance sheets did not exist, sparking one of Europe’s largest corporate fraud investigations.
Ok will see what the outcome of the investigation is
Rich people problems. Its not that serious
Wirecard’s collapse exposed a lot of wrongdoing, but dragging unrelated names into it helps no one.
People need to be careful with accusations. Just because a name appears online doesn’t mean there’s guilt. Facts matter.
Saying there’s no connection is one thing. Explaining why the allegation surfaced in the first place would help
Alright then!
Wirecard was massive. If there was any real link, it would have come out long ago.
Petty petty..so what turns on that?
This is why due process is important. Allegations alone shouldn’t be treated as truth
Too many people rush to social media with speculation and try to destroy reputations without evidence