By Reuters
Published on
BERLIN (Reuters) - Germany's Wirecard <WDIG.DE> rejected allegations of impropriety on Tuesday after the Financial Times newspaper published documents on the company's accounting practices alleging an effort to inflate sales and profits.
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"Today's article by the Financial Times is a compilation of a number of false and misleading allegations... and which were already fully refuted before," Wirecard said in a statement.
Shares in Wirecard sank more than 20% on Tuesday on the Financial Times' report and bond prices slumped.
(Reporting by Riham Alkousaa; Editing by Arno Schuetze)
