move forward discussion on reforming and strengthening the world trade organization all right timmons kober of the german chamber of industry and commerce thank you so much variance i thought that. singapore authorities are investigating fraud and legations against german digital payments company wire card last week media reported that a wire cord executive based in its singapore subsidiary had falsified contracts for transactions linked to money laundering that story cost the financial companies stock to tumble since i last saw the wire art has been listed on the dax or miss beecham index german authorities are also investigating allegations of market manipulation relating to the market share price dropped by a card as rejected these allegations of fraud. now for more on the story let's bring in our financial correspondent paul christian brits in frankfurt christian how much truth is in these allegations. well christopher unless you're on the inside of wire card there's really no telling it's a difficult situation the company has repeatedly denied these accusations and in the past it has b