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German President Christian Wulff's home loan row erupts
Key Excerpts from Article on Website of BBC News
Posted: January 10th, 2012
http://www.bbc.co.uk/news/world-europe-16428941
German President Christian Wulff has rejected a request to allow publication of a voicemail at the heart of a home loan scandal. There are two things seasoned (and perhaps cynical) politicians know: beware cover-ups; and don't tangle with the country's most popular paper. President Wulff may yet reflect on those tenets. He went on prime time television simultaneously on two channels and asserted that he hadn't tried to kill the story about his loan, just get it delayed so, as he put it, "we could talk about it, so that it could be correct". Bild flatly contradicts that. And it raised the stakes by saying it wanted to make public the message President Wulff left on a Bild editor's voicemail. President Wulff says "No". Bild went ahead and published the story that [Wulf] had received a low interest 500,000 euro loan (417,000; $649,000) from the wife of a wealthy businessman in October 2008, while prime minister of Lower Saxony state. Mr Wulff was later asked in Lower Saxony's parliament if he had had business relations with the businessman, Egon Geerkens, and said he had not, making no mention of his dealings with Mr Geerkens's wife. He rejected calls for his resignation.
Note: For lots more on government corruption from reliable sources, click here.
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