Financial Times: Wirecard inquiry: Germany’s political and financial elite exposed

A press review featuring Fabio De Masi

Apr 19th, 2021

Financial Times: Wirecard inquiry: Germany’s political and financial elite exposed[1]

 

"The investigation into corporate fraud reaches a climax with Merkel and Scholz to appear before MPs (...) 

It will be many weeks before the committee’s members compile their final report, which needs to be published by the end of the parliamentary term in September. But one thing is already clear, MPs say: that the Wirecard scandal could have been prevented if authorities such as BaFin had connected the dots and not ignored the profusion of warning signs about the company’s suspicious behaviour. (...) 

Yet these weren’t acted upon. On the contrary, “state and sovereign institutions fell over themselves to be duped by a criminal gang”, says Fabio De Masi, a leftwing MP and one of the most prominent members of the investigative committee. (...)

“Judged on the number of resignations, the inquiry’s track record has been pretty respectable,” says De Masi. (...)"

Links:

  1. https://www.ft.com/content/6e0c6b5f-3461-463d-b49b-f572dbc39c26?shareType=nongift

Tags