Olaf Scholz Why the Cum Ex Affair Could Still Be

Olaf Scholz: Why the Cum Ex Affair Could Still Be Dangerous for Him STERN.de

2022.08.17, 06:02 18 min reading time

Germany’s biggest tax scandal follows Olaf Scholz. He thinks: wrong. But new documents raise new questions, including among investigators of the Warburg Bank cum-ex scandal.

Oliver Schröm, Oliver Hollenstein

The business was dirty and the profits were huge. Police had previously searched Hamburg’s Warburg private bank, which had raised tens of millions of euros from cum-ex transactions. And the Public Ministry investigated the bank’s co-owner on suspicion of tax evasion.

Olaf Scholz shouldn’t know more to keep his hands off the subject.

At the time, Scholz was the first mayor of the Hanseatic city of Hamburg, experienced and always well-informed, a true professional in politics, as he likes to let on. But this Olaf Scholz received the banker. And not just once.

Does Olaf Scholz know more than he says?

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