Germany to sever ties with accounting watchdog after Wirecard scandal
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BERLIN (Reuters) - The German government plans to terminate its contract with the country's accounting watchdog after payments company Wirecard filed for insolvency last week in one of Germany's biggest fraud scandals, a government official said on Sunday.Bild am Sonntag newspaper reported earlier on Sunday that the Justice and Finance Ministries would on Monday cut ties with the Financial Reporting Enforcement Panel (FREP), a quasi-private entity that supervises the financial statements of..