The cum-ex scandal and Olaf Scholz’s closest confidants

The cum-ex scandal and Olaf Scholz’s closest confidants

Chancellor Olaf Scholz is caught up again by the Warburg Bank cum-ex scandal. What role did his close confidants Wolfgang Schmidt and Jeanette Schwamberger play?

“Jesus had Johannes, Beckenbauer had Schwarzenbeck, Frodo had Sam. And Olaf Scholz had Wolfgang Schmidt.” There is no better and more precise way of describing the alliance between the chancellor and the chancellery minister than columnist Hajo Schumacher did last summer. The comparison with the Bible, WM-Elf and the “Lord of the Rings” contains everything that makes up the relationship between Schmidt, 51, and Scholz, 64: friendship, admiration, loyalty – and the willingness to do the dirty work for the other .

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Source: Stern

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