Merkel Pressures SPD Scholz on Money Laundering Investigation

Sensata Technologies Reports First Quarter 2021 Financial Results

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Scholz is SPD finance minister in Merkel’s ruling ‘grand coalition’ with her conservatives. “There are a great many questions that the SPD candidate for chancellor must answer,” Christian Democratic Union (CDU) General Paul Ziemiak told news magazine Der Spiegel. “He must explain himself immediately.”

Writing by Paul Carrel, editing by Thomas Escritt German prosecutors raided the finance and justice ministries on Thursday as part of an investigation into the government’s anti-money laundering agency, putting a spotlight on Germany’s failings in tackling financial crime.

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