German lawmakers on Monday grilled Finance Minister Olaf Scholz, the frontrunner to succeed Angela Merkel in national elections this weekend, over a high-stakes money-laundering probe that could shake up the race.
Scholz was called in front of MPs after the finance and justice ministries were raided by prosecutors on September 9 as part of a probe into the Cologne-based Financial Intelligence Unit. In a statement to the committee, Scholz said that no minister could solve all problems “at the click of a finger”, sources inside the room told AFP.
Merkel’s conservative bloc has seen a steady decline in opinion polls under unpopular candidate Armin Laschet, allowing Scholz’s SPD to move into first place.“Nerves at the SPD are shredded” at the prospect that the scandal could have an impact on the party’s poll ratings, according to German weekly Der Spiegel, though prosecutors are also under scrutiny for the timing of the raids.
Scholz has previously been criticised for the failure of his ministry to heed early warning signs from the payments company Wirecard, which collapsed last year after acknowledging a 1.9-billion-euro hole in its accounts.
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