In the high-security courtroom of the Munich District Court, the Wirecard trial is underway. This trial involves two prominent defendants, Oliver Bellenhaus and Markus Braun, who spend their days in the courtroom, separated by just a few meters. Bellenhaus, once a close employee of Braun, is now a key witness for the prosecution. The trial centers around allegations of billion-dollar fraud, accounting manipulation, market manipulation, and embezzlement within the digital start-up company Wirecard. The courtroom itself is located five meters underground, with only limited daylight filtering through the barred ceiling windows. The proceedings take place twice a week, with the defendants brought in handcuffed and surrounded by security personnel. As the trial enters its ninth month, it is becoming increasingly clear that it is turning into a showdown between Braun and Bellenhaus. Despite their shared fate as defendants, they completely ignore each other, speaking over rather than to one another. The strained relationship between the former CEO and his once trusted employee has been further chilled by the company’s insolvency and Bellenhaus’ nearly three and a half years in pretrial detention.

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Information	Details
Geography	Europe
Countries	🇩🇪
Sentiment	negative
Relevance Score	1
People	Markus Braun, Oliver Bellenhaus
Companies	Justizvollzugsanstalt München-Stadelheim, Münchner Landgericht, Wirecard
Currencies	None
Securities	None