In a joint investigation with 18 media partners we unveiled Europe’s biggest tax robbery. Now the public prosecutor office in the city of Hamburg is investigating against Oliver Schröm, Editor in Chief of CORRECTIV on the suspicion of betrayal of business secrecy. We see this as an attack against press freedom, and we stand against it. Please support us!
Background of the investigations
As Editor in Chief of CORRECTIV Oliver Schröm led the research cooperation related to the CumEx-Files. Beginning in 2014, he was one of the first journalists to investigate cum ex tax deals based on the review of internal documents. He thus came into the Swiss authority’s sight after the Swiss private bank Sarasin filed charges against Mr. Schröm. The public prosecutors office in Zurich started an investigation on suspicion of industrial espionage. Mr. Schröm speaks about his work on CumEx and its consequences for himself in this video.
In March 2018, four years after the start of the investigations against Mr. Schröm, the Zurich authorities requested the public prosecutor in the city of Hamburg take over the investigation. Now the Hamburg prosecutors are investigating the suspicion of “betrayal of business secrets” based on §17 of the Act Against Unfair Competition.
According to a representative of the journalist union Verdi, this competition-law paragraph is being used against a journalist for the first time.
About the CumEx-Files
In October 2018, we revealed how bankers, traders and lawyers robbed the coffers of European states. CORRECTIV coordinated the joint investigation of 19 media outlets from 12 countries. Read the whole story here.
On November 26, the European Parliament invited Oliver Schröm to discuss the scope of the damage and present proposals on how to fortify the European system against such fraudulent practices. His proposals were incorporated into a resolution of the European Parliament.