If you money laundering, terrorist financing or black with the abolition of cash in? Hardly, say experts. Criminals are finally not “stupid”.
The envisaged by the federal government cap on payments with cash will hardly curb according to experts, organized crime and the black economy. “This brings almost nothing,” said the shadow economic expert Friedrich Schneider of Linz University of “Frankfurter Allgemeine Zeitung”. With a limit of 5000 euros moonlighting could fall by one percent. Even with a total ban on cash renowned researchers counted only reduce by two to three percent. Currently, the share of shadow economy lies at about 11 percent of gross domestic product.
Also organized crime would meet with the abolition of the 500-euro note and cash limits only slightly. “Organized crime is not stupid, but money laundering is running but far predominantly cashless via front companies; only in movies is still the case that the travel with a suitcase full of money across the border,” said Schneider
. “cash abolition would not prevent terrorist financing or money laundering”
also, the German Association of judges was skeptical. It should be relatively easy to conceal cash flows and to launder money, said board member Peter Schneiderhan told the newspaper. This done by transfer chains and through the use of accounts, dieunter using a false identity had been opened. “The abolition of cash would therefore not prevent terrorist financing or money laundering, but only shift to electronic means of payment.”
The vast majority of Germans also depends on appearance and money. Only one in five (21 percent) could imagine a cashless life as a representative TNS Emnid survey of FOCUS revealed. By contrast, 79 percent want to do without cash.
Bank representatives warn
The FDP chairman Christian Lindner fulminating even, the abolition of cash against the constitution. “If the Union and the SPD do not understand that, then the shelter of cash should be enshrined in the Basic Law”, the politician of “Bild” newspaper said. Also a limitation of cash payments he declined.
Also, bank representatives urged the availability of cash to without limits. The chairman of the cooperative banks, Uwe Fröhlich,
called a possible abolition an “unnecessary intervention in freedom” in the video. Swiss stash for years black money in Germany
No comments:
Post a Comment