"State governments are missing out on billions of euros because they are too fixated on the personnel costs of law enforcement,"
"Every additional euro spent on hiring more investigators to better combat financial and economic crime would ultimately flow back into the state coffers many times over."
"We're certainly a long way behind our possibilities. What we need is more and better-trained people in all areas: Whether it's among the state prosecutors, whether it's in the courts, whether it's in the regulating authorities."
Germany faces a significant shortfall in prosecutors and judges, with roughly 2,000 state prosecutors missing and about one million open cases awaiting investigation. The personnel shortage and underinvestment in law enforcement are costing state coffers billions and allowing organized crime and financial embezzlers to operate with relative impunity. High-profile fraud cases such as Wirecard and CumEx have produced major fiscal losses. Shortages extend beyond prosecutors to courts and regulatory authorities, and there is a clear need for more and better-trained personnel because financial crimes continually evolve and adapt.
Read at www.dw.com
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