German chancellor hopeful Scholz grilled on tax, Wirecard scandals

German Finance Minister Olaf Scholz, who recently made official his ambitions to succeed Chancellor Angela Merkel as the Social Democrats’ (SPD) top candidate in elections next year, had an uncomfortable day in parliament on Wednesday.He was quizzed by lawmakers on the Cum-Ex trading scandal, in which investors exploited a legal loop hole on dividend tax in a scheme that cost the state billions, and also had to answer to doubts over the efficacy of German oversight in the Wirecard fraud case.Scholz, who formerly served as the mayor of Hamburg, is under pressure in the Cum-Ex case for his relat…

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