17-07-2020 18:48 via uk.finance.yahoo.com

Rival parties take aim at Germany's Scholz over Wirecard scandal

Germany's Social Democrat Finance Minister Olaf Scholz is facing calls from rival parties to account for the regulatory failures that led to the collapse of Wirecard after it emerged he knew of concerns about the company 18 months ago.Scholz, seen as the party's best hope to succeed conservative Chancellor Angela Merkel next year, was informed in February 2019 that investigators were looking in "all directions" when regulators banned short-selling of Wirecard's shares, according to a parliamenta
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