- German Chancellor Olaf Scholz is set to be questioned for a second time by a state parliamentary committee on Friday over whether he helped a major bank avoid paying back millions in taxes while mayor of Hamburg.
- The focus of the interrogation is on whether Scholz, who was mayor of Hamburg from 2011 to 2018, or other leading members of his Social Democratic Party (SDP) helped a private Hamburg-based bank, Warburg, avoid paying back millions in taxes.
- The claim was then scrapped by the tax authorities under a statute of limitations, but the bank eventually had to pay back tens of millions of euros under pressure from the federal government under Angela Merkel.
Germany: Chancellor Olaf Scholz set to face new ‘cum-ex’ questioning 19.08.2022
