Merkel Government in Focus as Lawmakers Push Wirecard Probe
- Decision on investigation to be put to parliament next week
- Politicians call out failures by a wide range of authorities
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German lawmakers plan to start an in-depth investigation into Wirecard AG’s collapse after key officials from Chancellor Angela Merkel’s government and financial watchdogs failed to put an increasingly political issue to bed.
The Greens will back other opposition parties to start a full parliamentary probe, meaning several months of hearings that will keep the scandal in the public eye. With the investigation expected to extend into next year, Wirecard could overshadow the election due in September that will decide who succeeds Merkel in running Europe’s largest economy.