Olaf Scholz embroiled in tax fraud case as prosecutors search his emails |

 German chancellor Olaf Schulz has come under renewed scrutiny for his handling of one of Europe's biggest tax evasions schemes .This comes after investigators found Banknotes worth 200000 Euros in deposit box belonging to one of schultz’s former associates for a long time now schultz’s  was accused of not being able to get a proper grip on various corporate scandals.

During his tenure as the mayor of Hamburg when he served as a federal finance minister all this while there is no compelling evidence of sleeves on negligence by schultz’s . But  the recent report now claims that the German Chancellor’s emails received by the investigators in the month of March .

The probe is centered around the comics tax fraud scheme which is the Latin word for with or without and refers to the disappearing nature of the fraudulent dividend payments.

 The scheme saw traders and banks exploit the time lag between when a trade  was executed and when it was actually settled for the enabling people to pay more than one tax refund from the government.

The fraud scheme was so successful that it is believed to have tricked treasuries across Europe  into paying billions in taxpayer money .

The program has dozens arrested in Germany has now entered around whether politicians had any involvement in the scam in the use of transactions with the verbal Bank in particular November 2016 .

The German chancellor was serving as the mayor of Hamburg at the time and there are a lot of questions that have a much on whether shows used his way to obtain special tax treatment for a family on Bank in Hamburg however schultz as consistently denied playing any part  in letting the bank off while paying a 47 million Euro tax bill .

The German chancellor will now have to face grilling session at the parliamentary committee of enquiry in Hamburg later this month .

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