Union: Scholz has to take responsibility in the Wirecard case

Union politicians have asked Vice Chancellor Olaf Scholz (SPD) to take responsibility for the accounting scandal at the former Dax group Wirecard. His finance ministry made serious mistakes in the control of the financial supervision Bafin, said the deputy chairman of the committee of inquiry in the Bundestag, Hans Michelbach (CSU), on Wednesday in Berlin. “There is no doubt that Bafin, the Federal Ministry of Finance and the auditors EY have provided support.” All warning signals have been consistently ignored for many years and this is how the fraud was made possible. "Wirecard has just made it too easy."

The Union chairman in the committee, Matthias Hauer, emphasized that the Ministry of Finance has the supervision of the Bafin. However, there are considerable doubts as to whether this supervision was exercised at all. There were no instructions from the ministry to the Bafin. “And that's why, from my point of view, Mr Scholz bears a great deal of responsibility.” The same applies to his State Secretary Jörg Kukies. Both are to be questioned in the committee of inquiry in the coming week. The Union politicians emphasized that this would also reveal “the extent of personal culpability”.