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The delicate speculation of the Free voters

The Federal Association of Free voters bought 2015 German government bonds for nearly one and a half million euros, and after a few days sold. The proceeds from

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The delicate speculation of the Free voters
The Federal Association of Free voters bought 2015 German government bonds for nearly one and a half million euros, and after a few days sold. The proceeds from the sale was recorded in the FW-balance sheet under the heading "income from other assets". This is a balance sheet, the amount of state grants is determined. The party emphasizes that everything is legal, by auditors to be approved even with the Bundestag administration have been matched. the From Uwe Ritzer

with regard to donations to political parties, represented the Free voters and its Federal and state Chairman Hubert Aiwanger for years, a clear attitude. "Party donations should be banned, the state party funding is enough", called Aiwanger in 2011 in a newspaper interview. A sentence that receives an ambiguous meaning. Because instead of hoping for donations from private donors and lobbyists from the business community, have recognized the Free voters, their suction cups are particularly tricky when state and suspected of a million, the amount fraudulently obtained. On a legal, but politically questionable design worthy.

The weekend had to give the party, which had reported first to the magazine The mirror - namely that the Federal Association of Free voters bought 2015 German government bonds for nearly one and a half million euros, and after a few days. The advantage of the transaction was not in a speculative profit; but in the fact that the proceeds from the sale of the FW-balance sheet accounted for under the heading "income from other assets". Which is, in turn, post a balance sheet, the amount of state funding, among other dimensions. Thanks to this construct, the Federal government should have conceded-FW alone in 2015, approximately 1.6 million euros, a Million more state subsidy than without this balance trick would have been, writes The mirror.

Freie wähler

not Legal automatically legitimate

parties need money to fulfill their tasks in the service of democracy. The financial transactions of the Free voters give but a fatal impression. Comment by Uwe Ritzer

for the party finances, competent FW-Federal Vice-Manfred Petry denied the amount. He left open, however, the extent to which the Free voters of such securities have effected transactions in the following years up to the present, and how high the resulting state grants. Great value the party attaches to the statement that everything is legal, by auditors to be approved even with the Bundestag administration have been adapted, such as Aiwanger claimed to the newspaper Main-Post. For SZDemands of the party leader and Bavarian economy Minister and Deputy Prime Minister at the weekend are not accessible.

criticism of the approach practiced, for example, the Professor Sophie Berger, holder of the chair for public law at the University of Düsseldorf. "Morally it is questionable what the Free voters here," she said in the ARD. Because they have "exploited very aware of an obvious gap in the party law, to drive funding from the national party financing to the top."

FW-Federal Vice-Manfred Petry wants to recognize in the process is not an immorality. He said that the FW had only been created in the meantime, capital in state bonds, and these acted to achieve in times of low interest rates at least a little return. The party have used due to on-going issues of liquidity, have you sold the bonds. This Version, however, is not conclusive.

because Federal loans dump it in years hardly yields and the short-term variants of such government bonds in the spring of 2015, even with negative interest rates attached to them. Also, the trading of such securities, promises to be for years, hardly a profit. In the case of a Federal bond, an investor lends the government, in this case, the Federal Republic of Germany, the money. High returns promise of just government bonds of economically troubled countries, which is why they are for investors also especially risky.

So, the advantage of the Free voters was actually closer to the associated, higher state subsidies. The amount of which is calculated according to the party law, among other things, how many own funds is a party. The legislature wants to exclude the possibility that a party fully funded on the taxpayer. Whether, in addition to the Free voters of other parties, the overt act took advantage of the gap, is not known. Also of the CSU, with the help of the Free voters since November, a government coalition in Bavaria, there was previously no opinion.

The Deputy Chairman of the Free voters of Bavaria Minister for culture Michael Piazolo, said, "from a matter of our Federal organization." The party committees in the free state had not been involved in the operations; he himself had "only in the very short term," said Piazolo, held back with a rating. Instead, he called, "make over party boundaries, in principle, to the high-complex-party financing." Because instead of by the state and is not expected to make parties, but also of donors.

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