Tuesday, September 28, 2021

Another Raid and Search Warrant?

 Well....this gets interesting.

ARD (public TV, Channel One) went and talked about this search warrant that occurred today.

General facts?  Koln Prosecutor signed off for a search at WDR (public TV network for NW) and SZ (Süddeutscher Zeitung newspaper).  This included private apartments/homes in the Hamburg area.  All of this involves the 'cum-ex' tax avoidance gimmick.  

Political groups involved?  Well....it looks like some SPD folks from Hamburg knew of various things going on. This leads to the idea that a Hamburg bank (Warburg) handled around 40-to-50 million Euro.

Will this lead back to the former mayor of Hamburg (Scholz)?  No one is saying that.  

At the pace of things, I'd expect this to be a major event by summer of 2022, with forty-odd people who either engineered the situation or just sat there and watched it occur without reacting.  

No comments: