Previously unseen emails put former Hamburg mayor Olaf Scholz back in spotlight over €300m fraud scheme
Olaf Scholz
“I did not influence the Warburg tax procedure,” Scholz said at the start of the session. “There was no political influence on the tax procedure.” Cum-ex deals involve trading shares at high speed on or just before the dividend record date – the day the company checks its records to identify shareholders – and then claiming two or more refunds for capital gains tax that had in fact been paid to the state only once.
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