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German President Christian Wulff in furore over loan

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dbt Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-03-12 05:20 AM
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German President Christian Wulff in furore over loan
Source: BBC

Germany's President Christian Wulff is under intense pressure to give a full explanation of his conduct over a controversial home loan he received.

The popular daily Bild said Mr Wulff, an ally of Chancellor Angela Merkel, threatened it with legal action if it published details of the loan.

Mr Wulff came under a barrage of criticism in German newspaper editorials on Tuesday over the affair. <snip>

It has emerged that he received a home loan of 500,000 euros (417,000; $649,000) from the wife of a wealthy businessman in October 2008, while governor of Lower Saxony state.

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