Prime Minister Scholz declared that he was vindicated after attending the hearing at the Hamburg Parliament Committee on tax fraud scandal.
The hearing session made a clear conclusion.
Attending the hearing, the German Prime Minister was angry before the oath of telling the truth, and repeating the statement: I did not have any impact on the Warburg tax scandal.
Prime Minister Scholz answered questions before the Hamburg Parliament Committee for about three and a half hours, faster than expected.
German Prime Minister Olaf Scholz during the hearing in Hamburg on August 19.
The Hamburg Parliament committee is investigating the reason that the 2016 state financial agencies did not make an effort to reclaim 47 million euros (48 million USD) of tax refund from M. M. Warburg due to fraudulent transactions.
The tax fraud was exposed in 2017, involving many people trading the company's stock on the day of receiving dividends to request tax refunds for the only payment.
Mr. Scholz undertook the position of Mayor of Hamburg for the period of 2011-2018, then became Minister of Finance and Deputy Prime Minister of Germany under Merkel in 2018-2021.
Prime Minister Scholz will answer the question to the Hamburg Parliament committee related to the tax fraud, causing the German government to damage billions of dollars.
The style of speaking clearly, assertive actions are very similar to Merkel, which contributes to help Olaf Scholz are elected German Prime Minister.