Julius Möller
Adverse Media Check for Olaf Scholz, the chancellor of Germany.
In this series, we analyze German media (written in German). The risk assessment and reasoning are provided in English.
This Adverse Media Risk Assessment is for Olaf Scholz - the chancellor of Germany (2021-2025).
Risk Summary
- Olaf Scholz, as Mayor of Hamburg, allegedly met with Christian Olearius of Warburg Bank during tax evasion
investigations, initially denying but later confirmed to have had at least three meetings, raising questions about
transparency and potential political influence.
- Accusations against Scholz include aiding tax evasion and making false statements under oath in the Cum-Ex scandal,
with a criminal complaint filed against him, though he claims no recollection of discussions.
- As German Finance Minister, Scholz’s ministry was raided in connection with money laundering investigations linked to
the Financial Intelligence Unit (FIU), which failed to forward terror financing alerts promptly, raising questions
about oversight but no direct evidence of his illegal involvement.
- Scholz is criticized for close ties to the financial industry, lack of action against lobbying, and minimal reforms in
financial oversight, particularly highlighted by the Wirecard scandal, suggesting reputational risk due to perceived
inaction and association with financial sector failures.
Adverse Media Articles
All risky articles that led to the risk assessment:
2024-12-17
