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A comment on Germany’s top financial supervisor dismissed a decade of warnings about Wirecard. Parent comment

Re:Germany’s top financial supervisor dismissed a decade of ... by chki on Friday July 17, 2020 @11:40AM (#23871697)
Bribery isn't "hard to prove" but instead there are no credible bribery accusations at all. Missmanagement in massive infrastructure projects are a much more reasonable explanation. It also makes a lot of sense because the actors are often state government officials that have never overseen a comparable project. Planning an airport or a new flagship concert hall is difficult. I agree that there were serious mistakes but they can be very well explained by incompetence rather than bribery.
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Re:Germany’s top financial supervisor dismissed a decade of ... by hef19898 on Friday July 17, 2020 @02:22PM (#23873725)
And this cluelessness is then abused by contractors. With flanking maneuvers targeting political leadership. No clear cut corruption, but the lines get blurry.

Fun fact, for a very long time German companies could declare bribes paid abroad in their taxes. Legally. Seems that a lot of people didn't get the memo that bribery was, indeed, illegal now.

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Re:Germany’s top financial supervisor dismissed a decade of ... by formerly_proven on Friday July 17, 2020 @05:46PM (#23876235)
> Fun fact, for a very long time German companies could declare bribes paid abroad in their taxes. Legally. Seems that a lot of people didn't get the memo that bribery was, indeed, illegal now.

Surprisingly realistic policy, considering that bribery is simply part of everyday business in some locales.

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Re:Germany’s top financial supervisor dismissed a decade of ... by literallycancer on Saturday July 18, 2020 @11:43AM (#23882123)
Of course they would, in some places it's just the way business is done. At least if they declare it, you can plan for it when executing projects abroad.
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Re:Germany’s top financial supervisor dismissed a decade of ... by oh_sigh on Friday July 17, 2020 @02:32PM (#23873834)
Why would the management of a massive project be given to a group that has no experience with such a massive project?
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Re:Germany’s top financial supervisor dismissed a decade of ... by tormeh on Saturday July 18, 2020 @09:30AM (#23881286)
There's a podcast on this. "How to fuck up an airport". The short answer is that all the bids were realistic-ish, and therefore too high for the budget. So the Berlin politicians went "We'll do it ourselves! Much cheaper!". And lo and behold...
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Re:Germany’s top financial supervisor dismissed a decade of ... by HPsquared on Saturday July 18, 2020 @06:46AM (#23880457)
Any number of reasons. Maybe they had the lowest bid?
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Re:Germany’s top financial supervisor dismissed a decade of ... by heavenlyblue on Saturday July 18, 2020 @01:23PM (#23882968)
Well, it’s not hard to mismanage something especially if you want to mismanage it.
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