World: found in locker?: Scholz knew nothing of higher cash sum at Kahrs

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Chancellor Olaf Scholz, according to his spokesman, didn't know anything about a possible larger cash sum in possession of the former SPD member of the Bundestag Johannes Kahr. He could rule that out, said government spokesman Steffen Hebestreit on Monday in Berlin. Scholz will again ask himself the questions of the investigation committee about the so-called Cum-Ex scandal around Hamburger Warburg-Bank at the end of next week. "Even there, everything that is relevant will be treated," said Hebestreit.

Johannes Kahrs © Picture Alliance/dpa Johannes Kahrs

In the tax affair, the pressure on Scholz has increased in the past few days. He had to comment on the latest knowledge of investigation, demanded opposition politicians from Union and Linker on Monday.

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According to a report by the "Bild" newspaper, a high amount of money is said to have been found in a locker of the former SPD politician Johannes Kahr-whose property is not illegal.

The Cologne public prosecutor's office responsible for the investigation did not initially comment on this. So far, Kahrs has not been available for comment and did not respond to inquiries.

CDU: Olaf Scholz has to provide information

"It is not at all clear where Kahrs got the money from and to what extent the social democratic network in Hamburg benefited from these processes," Hamburg's CDU boss Christoph Ploß told the "Spiegel". “Here, the SPD at the federal level is also obliged to finally clarify things. Olaf Scholz and (Hamburg's mayor) Peter Tschentscher have to contribute to clarification. Both are no longer allowed to dive, ”he said.

Minister contradicts Greens: Annalena Baerbock comments on the nuclear power extension

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The former left-wing member of the Bundestag Fabio de Masi wrote on Twitter: "Either Kahrs refers to the origin of the money or he relies on his right due to the Cum-Ex." In the latter case, according to Schloss de Masi, it is obvious that the money is connected to the Cum-Ex case "and the Chancellor also has a problem".

raid at Johannes Kahrs for Cum-Exskandal

at Kahrs in Hamburg there had been a raid in connection with the Cum-Ex scandal last year, as DPA had learned from informed circles at the time. Due to the initial suspicion of favoring three accused, investigators had also searched the premises of the Hamburg tax authority in addition to private rooms, the Cologne public prosecutor said at the time. Previous investigations had "resulted in indications of criminal behavior of the accused in connection with the" Cum/ex-business "of a credit institution based in Hamburg".

In CUM-EX transactions, financial actors postponed stock packages with ("cum") and without ("ex") dividend entitlement to the dividend date in a tricky system and then could be reimbursed several times. The Hamburg investigation committee is intended to clarify a possible influence of leading SPD politicians on tax decisions in the Warburg Bank, which was entangled in the scandal.

Backgrounds are, among other things, meetings of the then mayor Scholz with the shareholders of the bank, Christian Olearius and Max Warburg, 2016 and 2017. Scholz had stated that they could not remember the meetings, but categorically excluded political influence. (dpa)

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