The SPD's hopes rest on Olaf Scholz.
But of all things a banker's diary gives rise to bad suspicions.
The opposition now wants to get serious.
Olaf Scholz is Vice Chancellor - and meanwhile also a candidate for Chancellor of the SPD.
In connection with the cum-ex scandal, of all things, the finance minister is now coming under pressure.
The occasion is explosive data from a banker's diary - the opposition accuses Scholz of lying.
Update from September 7th, 9.10 p.m.:
In less than two days,
Vice Chancellor Olaf Scholz (SPD) has to
answer questions
in the
finance committee
- the opposition accuses him of having
concealed
previously
explosive meetings with the banker Christian Olearius in the
same place.
In the background there is probably the bad suspicion that Scholz, as the governing mayor of Hamburg, may have
protected
the
Warburg Bank
from
tax reclaims in the Cum-Ex scandal
.
Scholz does not seem to have challenged the allegations so far.
He told the
Reuters
news
agency
on Monday
that he had so far answered all questions about the case - "that will continue to be the case," he emphasized.
He is for "full transparency".
At the same time, the designated
SPD candidate for Chancellor made
it clear that there was no political influence on the decisions of tax offices.
He was always harsh against cum-ex fraud.
It is now also known that Scholz
wants to answer questions in the committee for around an hour
on
Wednesday
.
However, there is apparently also in the population - and among SPD supporters - the expectation that Scholz should now ensure
more
transparency than before.
In a Civey survey commissioned by
Spiegel Online
, 82.5 percent of those questioned said that Scholz should "give more detailed information than he has so far". Among SPD sympathizers, more than 60 percent of those surveyed were of this opinion.
The
left-finance expert Fabio de Masi
wants meanwhile Scholz also attack from another site on Wednesday: According to information obtained by his party expert opinion had
cum ex still possible in Germany
, he tweeted on Monday evening.
It is also implied that, in de Masi's opinion, the federal government, which Scholz has been jointly responsible for for three years now, has not taken action against tax practice too comprehensively.
What our expert Prof. Spengel, Germany's top #CumEx expert, writes in his statement on the public hearing of the finance committee: #CumEx is still possible!
https://t.co/mup47pHImF @Linksfraktion pic.twitter.com/FStdfkCqhE
- Fabio De Masi (Member of the Bundestag) (@FabioDeMasi) September 7, 2020
"Scholz lied to the Bundestag": Serious allegations against Vice Chancellor - Showdown on Wednesday?
First report from September 5:
Berlin -
Olaf Scholz
should successfully lead the SPD * into the Bundestag election campaign in 2021.
At least that is the plan of the party leadership.
But the Vice Chancellor, who received good marks in the Corona crisis and who sees the German economy almost over the top, could now face a problem from his time as Hamburg mayor.
The tricky keyword:
Cum-Ex
.
Olaf Scholz in the cum-ex scandal: Did he “lie to the Bundestag”?
There are new allegations
about the tax scandal and the
Hamburg Warburg Bank
.
Now the
Bundestag Finance Committee
wants to
summon Scholz - next Wednesday.
"We urgently need to talk," said the chairman of the committee,
Katja Hessel
(FDP), of
Wirtschaftswoche
.
The
Left parliamentary group
also
requested
a
current hour in the Bundestag
on the subject of cum-ex at the Warburg Bank and the “role of politics”
for Wednesday
.
"Olaf Scholz said the untruth in the Bundestag," said the parliamentary group's financial policy spokesman,
Fabio De Masi
, on Friday in Berlin.
His Green * colleague
Lisa Paus
said in a tweet that Scholz had "lied to the Bundestag".
Olaf Scholz: Controversial data from the banker's diary - Did the Vice Chancellor meeting keep silent?
The reason for this are the latest reports that Scholz is said to have maintained more intensive contacts with the bank than previously indicated.
The
Süddeutsche Zeitung
,
Die
Zeit
and the
NDR
reported on Thursday that Scholz met
the co-owner of the private bank,
Christian Olearius
,
more often than previously admitted in surveys
during his time as
First Mayor in Hamburg
.
That emerges from the banker's diaries.
This amalgamation of economic & political power fuels distrust in democracy!
Research shows donations and meetings between # CumEx fraudsters & SPD politicians.
So that the damage to democracy does not become even greater, #Scholz now has to provide complete clarification!
pic.twitter.com/RU03nPtvaX
- Sven Giegold (@sven_giegold) September 4, 2020
Accordingly, there were three meetings and one phone call between Scholz and Olearius in 2016 and 2017.
So far, only one meeting between Olearius and Scholz in 2017 was known.
According to reports, three days after the phone call, the banker received a notice from the Hamburg tax authorities that they would not claim back an amount of 47 million euros.
Scholz is said
not to have mentioned
the
meeting with Olearius,
not even when the process was a topic in the Bundestag finance committee in March and July.
At the time, there were investigations against the Warburg Bank and Olearius on suspicion of serious tax evasion.
The bank was threatened with high tax back payments because of their involvement in so-called cum-ex deals.
SPD candidate Olaf Scholz: Opposition has serious suspicions - "would be a very plausible explanation"
A
spokesman for the finance ministry
pointed out on Friday that Scholz - who was recently able to look forward to good survey results - had twice made detailed statements in the finance committee that he had spoken to representatives of banks, including the Warburg Bank.
The opposition, however, insists on further clarification: The financial policy spokeswoman for the Green parliamentary group,
Lisa Paus
, demanded that Scholz should “finally put the cards on the table”.
"We demand that Scholz come to the finance committee for the third time next week and this time finally tell the whole truth."
“Olaf Scholz has kept the two meetings with Olearius in 2016 from the Bundestag Finance Committee twice
,” said the financial policy spokesman for the FDP parliamentary group,
Florian Toncar
, of the
dpa
.
“In two surveys, he presented himself as buttoned up and answered many questions only minimalistically or with generalities.
A significantly stronger personal role of Scholz in the Warburg tax case than previously known would be a very plausible explanation for this behavior. "
Left *
financial expert Fabio de Masi
indicated on Twitter that the opposition's ability to ask questions had been deliberately kept low.
Now, in association with Paus and Toncar, he does not want to let the finance minister get along: "It is pathetic and we will be united as an opposition and not let it go without prejudice to our political differences!"
Left, FDP and Greens are currently working together on another issue.
It is pathetic and we will be united as opposition and not let this pass regardless of our political differences!
@florian_toncar @lisapaus
- Fabio De Masi (Member of the Bundestag) (@FabioDeMasi) September 4, 2020
Cum-Ex cost the state billions - Scholz is now in focus
A
cum-ex transaction
is the
shifting of shares
around a
dividend cut-off date
in order to have a capital gains tax paid once by the tax authorities.
As a result, the public sector has
lost
billions of dollars in tax money in
the past
.
The federal government put a stop to the practice in 2012.
Some of the cases from then are currently being processed by the courts.
In Germany's first criminal case for cum-ex deals, the Bonn Regional Court imposed suspended sentences on two defendants in March and came to the conclusion that the controversial practice was to be regarded as punishable.
This was the first time that this was determined by a court.
(
dpa / AFP / fn
) *
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