Wirecard-insolvency: special meeting of the Finance Committee at the end of July

The financial Committee of the Bundestag plans for the 29. July, a special session on the alleged billion fraud at the Dax-listed company Wirecard and the role

Wirecard-insolvency: special meeting of the Finance Committee at the end of July

The financial Committee of the Bundestag plans for the 29. July, a special session on the alleged billion fraud at the Dax-listed company Wirecard and the role of policy. The Chairpersons of the parliamentary groups in the Bundestag decided on Monday. To push "the parliamentary investigation of the Wirecard scandal on the long Bank is not an Option," said Green-Chairwoman Lisa Paus of the German press Agency. The President of the Bundestag would have to approve the special session. In addition to Finance Minister, Olaf Scholz (SPD) should also be economy Minister Peter Altmaier (CDU) and representatives of the German financial reporting enforcement panel loaded.

Previously was rejected by the Federal Finance Minister, Olaf Scholz, criticism of the Opposition in connection with the scandal surrounding the now insolvent payment processor. "I think everyone must have in this Situation is always the willingness to explain everything and to want to identify what is needed. That's what we did,“ said the SPD politician on Sunday evening in the ZDF“heute Journal“.

For ten years, Wirecard had been of a large accounting firm examined, "which has a good reputation, but in the ten years not found out, what's going on," emphasized Scholz. "The First is, we need to examine why it happened, that the auditors have not found ten years out."

The payment processor Wirecard had given in June, alleged air bookings of 1.9 billion euros. The Munich public Prosecutor's office determined against a number of former and active Manager. The Opposition had made in the case of least pressure on the Federal government. It is, among other things, whether there have been failures in financial supervision, whether Federal government is the Minister of Finance Scholz responsibility and whether or not the Federal government, including the Chancellery, perhaps, Wirecard supported, although the suspicion of irregularity was already in the room.

Updated Date: 20 July 2020, 07:19

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