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Ex-president 'hid' prize money in private account

The Local · 24 Jun 2012, 15:58

Published: 24 Jun 2012 15:58 GMT+02:00

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Wulff resigned in February after failing to convincingly brush off a string of unsavoury, money-related allegations – including that in 2008 while he was Lower Saxony state premier, he did not declare a soft loan of €500,000 from a prominent regional businessmen.

Now the spotlight is on his money matters again, after prosecuting authorities investigating hit finances came across the undeclared money while going through Wulff’s private accounts, Der Spiegel magazine said in a report due to be published on Monday.

The German Central Council of Jews awarded Wulff the Leo-Baeck Prize, which includes €10,000, which Wulff transferred into a personal account, according to the magazine.

Suspicions were raised by Wulff’s failure to officially document his receipt of the prize money. On June 4th prosecutors asked the presidential office for information about the money, but the office could not find any documentation of its whereabouts.

When prosecutors contacted Wulff directly about the matter on June 13th he told them he had donated the money to the Chaim Sheba Medical Center in Israel, Der Spiegel said.

Yet the Central Council of Jews only received a message asking if they would approve the donation last Tuesday – seven months after the prize was given.

Although the law does not require those in public office to donate prize money to charity, it is a practice which is expected from presidents in order to keep a “good tone” to their office, wrote the magazine.

Prosecutors will now investigate whether “the use of the prize money” constitutes grounds for initial suspicion needed to start proceedings against Wulff, a spokesman for the public prosecutor’s office said.

Story continues below…

The Local/jlb

The Local (news@thelocal.de)

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Your comments about this article

17:40 June 24, 2012 by IchBinKönig
With Germany having such superior politicians, the EU obviously needs more Government, and further integration and leadership from Germany. German Politicos need to have the last say on any and all fiscal/political wrangling within the Continent. But first, let them take a few trillion Euro loan, compliments of the German Taxpayer, and let them send it to the Banksters, their pet projects and 'charities'. Everything has worked out so well so far. Rah! Rah! RAh! Because Paul Krugman told me so.
02:44 June 25, 2012 by raandy
IchBinKönig Ya man ,give those steroids a break.

A thief a problem child or a take advantage politician, all the same gar^ge.
04:54 June 25, 2012 by IchBinKönig
@ raandy

they are herbal supplements, homey.
12:53 June 25, 2012 by bearded1
Do you really think anything will come of it. This exBundespräsident and typical politician is like the ducks backside everything just runs off it...He wont spare a thought about what he has done (sorry he wont recall that). As an Ottonormalesteuerzahler just you try and get away with tricking the TAXMAN out of 10cents you end up in court and most probably get a custodial sentence.
13:29 June 25, 2012 by iseedaftpeople
what a sponge. thank god we're rid of him.
14:57 June 25, 2012 by Leo Strauss

Roger your last. It`s called `justice`, meaning `just us` (a Gerald Celente riff- I can`t take the credit for it).

We go to jail or have a Pfändung slapped on our account while the Kleptocritters like Wulf, Corsine and Geitner just keep on truckin.
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