Philippines launches investigation into Wirecard's phantom billions

MUNICH/MANILA (Reuters) - Wirecard's $2.1 billion (£1.7 billion) accounting scandal is being investigated by the Philippines, which said that the German payments firm's former chief operating officer Jan Marsalek may be in the country.Philippine Justice Secretary Menardo Guevarra said on Wednesday that he had instructed state investigators to coordinate with the central bank's anti-money laundering council in investigating Wirecard.Marsalek was fired by Wirecard on Monday after it disclosed..