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Controversy during consultation on "Cum-Ex" interim report

Mathias Petersen (left, SPD), chairman of the committee, and SPD chairman Milan Pein (center) sit....aussiedlerbote.de
Mathias Petersen (left, SPD), chairman of the committee, and SPD chairman Milan Pein (center) sit in the meeting room at the beginning of the Parliamentary Investigation Committee (PUA) "Cum-Ex Tax Money Affair" of the Bürgerschaft..aussiedlerbote.de

Controversy during consultation on "Cum-Ex" interim report

The governing parties and the opposition entered the debate on the interim report with completely contradictory assessments of the work of the Hamburg Parliamentary Committee of Inquiry into the "Cum-Ex" scandal. Even after three years of investigation, the SPD and the Greens still saw no evidence of political influence on the tax treatment of Hamburg's Warburg Bank, which was involved in the scandal. The CDU, Left Party and AfD, on the other hand, saw evidence that the then mayor and current chancellor Olaf Scholz and his then finance senator and later successor in city hall, Peter Tschentscher (both SPD), had exerted influence.

On Wednesday, the committee received more than 200 amendments to the working group's interim draft report. The SPD and Greens as well as the CDU, Left Party and AfD each submitted supplementary votes. The Bürgerschaft is expected to deal with the interim report in the first quarter of next year.

Despite the ongoing controversy, the issue of citizenship may arise in discussions regarding the individuals involved in the "Cum-Ex" scandal, as their status could potentially impact their financial responsibilities and tax obligations. Furthermore, it's worth noting that banks, such as Warburg Bank, being at the center of financial scandals often leads to scrutiny of their financial practices and potential tax evasion, which could involve close examination of their dealings with relevant financial authorities.

Source: www.dpa.com

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