Merkel ally quits over tax scandal

The Local
The Local - [email protected] • 7 Feb, 2014 Updated Fri 7 Feb 2014 08:49 CEST
image alt text

The treasurer of Chancellor Angela Merkel’s party quit on Friday over a tax scandal. He reportedly shuffled money around offshore bank accounts in the Bahamas and Panama.

Helmut Linssen, treasurer of Merkel's party, the Christian Democratic Union (CDU) and for five years state finance minister for North-Rhine Westphalia, was accused of having stashed nearly a million Deutschmarks in an off-shore bank account.

A report in Stern magazine this week said the money was shuffled between trusts in the Bahamas and in Panama for years. 

According to the report the cash was moved around from 1997 to 2004, but the transfers stopped before he became finance minister of North-Rhine Westphalia in 2005.

CLICK HERE for The Local's Politics section 

The 71-year-old, who has been CDU party treasurer since 2010, informed Merkel in a telephone call that he would quit.

“In the interests of my party and my family I have decided to ask the party leadership to elect a new treasurer at the upcoming party conference in April,” Linssen told Bild newspaper on Friday.

“I’ve always behaved correctly,” he said on Thursday. He said he had not evaded tax and the now defunct accounts had belonged to his parents. 

CDU secretary-general Peter Tauber thanked Linssen for his long years of service.

READ MORE: 'Champagne socialist' mayor loses his fizz

More

Comments

The Local 2014/02/07 08:49

Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also