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German MPs quiz Merkel, ministers over Wirecard scandal
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22/04/2021 - 08:54 Once a rising star in the booming fintech sector, Wirecard filed for bankruptcy last year after admitting 1.9 billion euros was missing from its accounts Christof STACHE AFP/File 3 min
Berlin (AFP)
German lawmakers probing the collapse of payments firm Wirecard are this week grilling top ministers and even Chancellor Angela Merkel as a parliamentary inquiry into the massive fraud reaches a dramatic climax.
Finance Minister Olaf Scholz, who has described the Wirecard scandal as unparalleled in Germany, will find himself in the hot seat on Thursday, two days after Economy Minister Peter Altmaier appeared before the parliamentary committee.
German Chancellor Angela Merkel attends an event to open the so-called Girls’ Day on April 21, 2021 at the chancellery in Berlin. – Every year technical enterprises, universities, and research centres are invited to organise an open day for girls. According to the organisers, Girls’Day has evolved for companies “as an important instrument of their recruitment policy”. (Photo by Jörg CARSTENSEN / POOL / AFP)
Germany’s finance minister faces a grilling Thursday by lawmakers probing the collapse of payments firm Wirecard in a parliamentary inquiry that would also put Chancellor Angela Merkel in the hot seat. x
Finance Minister Olaf Scholz, who has described the Wirecard scandal as “unparalleled” in Germany, is up before MPs, two days after Economy Minister Peter Altmaier appeared before the parliamentary committee.
German finance minister denies responsibility for Wirecard scandal
By AFP - Apr 22,2021 - Last updated at Apr 22,2021
BERLIN Germany s finance minister on Thursday denied responsibility for the collapse of payments firm Wirecard in a parliamentary inquiry that will also put Chancellor Angela Merkel in the hot seat. The government does not bear responsibility for this large-scale criminal fraud, Finance Minister Olaf Scholz told lawmakers investigating the case which he described as the biggest accounting fraud scandal in the history of post-war Germany.
Once a rising star in the booming fintech sector, Wirecard filed for bankruptcy last year after admitting that 1.9 billion euros ($2.3 billion) was missing from its accounts.
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