London Daily

Focus on the big picture.
Tuesday, Nov 03, 2026

Wirecard executive fled by private jet to Belarus as firm collapsed

Wirecard executive fled by private jet to Belarus as firm collapsed

Jan Marsalek, Wirecard’s ex-COO who is on Interpol’s most-wanted list, fled in June shortly before Wirecard filed for insolvency.

A former senior executive at Wirecard AG escaped from Austria to Belarus on a private aircraft last year with the help of a secret-service agent and a far-right politician, according to an arrest warrant seen by Bloomberg.

Jan Marsalek, the German payments company’s ex-chief operating officer who is on Interpol’s most-wanted list, fled in June shortly before Wirecard filed for insolvency.

Executives admitted that €1.9 billion (US$2.3 billion) in funds never existed, setting off one of Germany’s biggest accounting scandals.

The company’s implosion is the subject of a parliamentary investigation in Berlin, in which officials ranging from Chancellor Angela Merkel’s chief economic adviser to Deutsche Bank AG chief executive Christian Sewing have been called to testify.

Austrian police on Friday detained a senior official from the BVT domestic intelligence service – currently on a long-term leave of absence – for two days before releasing him, according to Nina Bussek, a spokeswoman for the prosecutors’ office in Vienna.

A former member of parliament for the far-right Freedom Party was also taken into custody in connection with the escape and remains there due to a separate matter, said Christina Salzborn, a Vienna court spokeswoman. The two men cannot be named for legal reasons.

Both have long-standing personal and business relationships with Marsalek, emails and photos reviewed by Bloomberg News show. The BVT official’s name was on the door of a room in a Munich villa visited by Bloomberg that was used by Marsalek to conduct business related to Wirecard and personal matters.



Marsalek, 40, was the right-hand man of Wirecard CEO Markus Braun, who is in jail in Germany. Marsalek’s current whereabouts are unknown – media speculation ranges from a compound outside Moscow to a secret hideaway in Turkey and a tropical island.

An Austrian citizen, he is seen as a key player in a fraud scandal that has burned many investors, exposed holes in financial oversight and raised the prospect of bias by authorities.

Austrian prosecutors suspect that the two men organised Marsalek’s escape with the help of two pilots, according to the arrest warrant.

A third person, also from the BVT, has been detained in connection with the Wirecard case and is being investigated for abuse of office, according to the prosecutors’ office in Vienna. The person isn’t suspected of aiding Marsalek’s flight.

The warrant, a redacted version of which has been published online, confirms an investigation by Bellingcat that had placed Marsalek in Belarus, as well as reporting by Austrian newspaper Die Presse.

The BVT – which stands for Federal Office for Protecting the Constitution and Fighting Terrorism – became the centre of a power struggle inside Austria’s security apparatus during the years in which the Freedom Party governed in coalition with Chancellor Sebastian Kurz.

In early 2018, when the party was in charge of the Interior Ministry, an unprecedented police raid took place at the BVT. It was carried out following accusations of malpractice and corruption by a whistle-blower close to the Freedom Party, according to the findings of a parliamentary committee. Most of the accusations were later found by the courts to be without substance.

One of the two men detained in connection with Wirecard is suspected of being the whistle-blower behind the accusations that led to the raid, according to a person familiar with that case as well as multiple media reports. The man denied the allegation in testimony to the parliamentary committee in 2018.

Newsletter

Related Articles

0:00
0:00
Close
Automotive Industry Data Reveals Continued Acceleration in Battery Electric Vehicle Registrations Across British Dealerships
High Court of England and Wales Rules on Landmark Legal Challenge Regarding Local Government Housing Mandates
Department for Energy Security and Net Zero Approves Expanded Offshore Wind Infrastructure Along Scottish Coastline
Competition and Markets Authority Launches Broad Investigation Into Artificial Intelligence Infrastructure and Cloud Partnerships
United Kingdom and European Union Launch High-Level Preparations for Bilateral Defense and Security Summit in Brussels
National Health Service England Unveils Emergency Workforce Reforms to Alleviate Winter Accident and Emergency Pressures
Chancellor Rachel Reeves Finalizes Autumn Budget Adjustments to Meet Fiscal Rules and Fund Public Services
Bank of England Prepares for Interest Rate Decision Amid Rising Bond Yields and Inflationary Pressures
House of Lords Begins Detailed Legislative Scrutiny of Representation of the People Bill and Cyber Security Laws
Metropolitan Police Detain More Than Three Hundred Individuals Following Large-Scale Demonstration Outside London Embassy
Home Office Prepares Stricter Residency Rules Requiring Vulnerable Migrants to Wait Decade for Settlement Rights
Professional Mental Health Bodies Demand Statutory Regulation for Counsellors and Psychotherapists
National Grid Confirms Construction of Britain's Largest Electrical Substation to Power Teesside Data Centre
Prime Minister Keir Starmer Travels to Samoa for Commonwealth Summit Amid Debates on Economic Cooperation and Reparations
Home Office Implements Enhanced Digital Border Controls and Visa Processing Systems at Major Airports
Office for National Statistics Reports Stable Employment Participation Rates Across Regional Labor Markets
Department for Business and Trade Announces Strategic Partnership to Secure Critical Mineral Supply Chains
Scottish Government Unveils Regional Economic Development Strategy to Boost Advanced Manufacturing in Glasgow and Dundee
Treasury Officials Review Taxation Frameworks and Capital Gains Rules Ahead of Autumn Budget Disclosures
National Health Service Leaders Warn of Winter Capacity Pressures Across Acute Care Facilities
Bank of England Prepares for Key Interest Rate Decision Amid Sticky Inflation and Fiscal Policy Pressures
Home Office Expands Border Security Operations and Intelligence Sharing With European Partners
Office for National Statistics Reports Modest Retail Sales Growth Ahead of Crucial Christmas Trading Season
Welsh Government Unveils Strategic Plan to Boost Regional Technology Innovation and Digital Skills Training
Department for Environment Food and Rural Affairs Implements New Agricultural Subsidies Framework for English Farmers
Scottish First Minister John Swinney Announces Major Regional Infrastructure and Green Energy Investment Strategy
National Health Service Leaders Warn of Severe Winter Pressures and Mounting Accident and Emergency Backlogs
Bank of England Monetary Policy Committee Signals Cautious Interest Rate Path Amid Persistent Services Inflation
Chancellor of the Exchequer Rachel Reeves Finalizes Autumn Budget Framework Aiming to Close Public Sector Fiscal Gap
Department for Science, Innovation and Technology Prepares Enhanced Artificial Intelligence Safety and Cyber Defense Frameworks
United Kingdom Government Expands International Sanctions Framework Against Russian Shadow Fleet and Financial Enablers
Institute of Directors Reports Sharp Post-Budget Drop in Business Confidence Despite Long-Term Investment Intention Shifts
Chancellor John Healey Defends Sweeping Fiscal Adjustments and Household Support Packages Following Autumn Budget
Parliamentary Petitions Committee Schedules Major Legislative Debates on Special Educational Needs and Non-Stun Meat Labelling
Regional Devolution and Good Growth Fund Frameworks Reshape Local Government Funding Across English Regions
Loughborough University Economic Analysts Highlight Substantial Uncertainty Surrounding Public Sector Efficiency Savings
British Legal Sector Drives Sixty Billion Pounds in Annual Economic Output While Employing Over Half a Million Professionals
Law Society Welcomes New Better Regulation Executive While Pressing for Long-Term Legal Aid Funding Reform
Metropolitan Police and Security Services Heighten Operations Across London Ahead of Large-Scale Public Demonstrations
Bank of England Economists Scrutinize Corporate Tax Adjustments and Public Sector Borrowing Pressures
Chancellor John Healey Defends Autumn Budget Tax and Spending Allocations Following Intense Parliamentary Scrutiny
Department for Environment, Food and Rural Affairs Implements Strict Water Quality Monitoring Rules Following Severe Rainfall and Flooding
Welsh Government Unveils Comprehensive Regional Housing Strategy to Address Rural Affordability and Homelessness Pressures in Cardiff
Office for National Statistics Reports Slowing Consumer Price Inflation and Steady Retail Performance Across United Kingdom Markets
Northern Ireland First Minister Michelle O'Neill and Deputy First Minister Emma Little-Pengelly Advance Cross-Border Infrastructure Agreement in Belfast
Competition and Markets Authority Launches Formal Investigation Into Artificial Intelligence Partnerships Involving Major Technology Corporations
Scottish First Minister John Swinney Secures Cross-Party Support for Devolved Budget Framework and Renewable Energy Expansion
High Court Rules in Favor of Environmental Campaigners Over Department for Energy Security and Net Zero Licensing Procedures
National Health Service England Announces Major Digital Modernization and Artificial Intelligence Diagnostic Rollout Across Regional Trusts
Bank of England Monetary Policy Committee Signals Cautious Approach to Interest Rate Cuts Amid Persistent Wage Growth and Inflation Pressures
×