DKB Cuts Ties with Newly Elected AfD Politician Amid Controversy

Just two days after securing a remarkable electoral victory, Sascha Schlösser, the AfD’s direct candidate in Thuringia, faced an unexpected setback. The Deutsche Kredit Bank (DKB) announced the termination of all his accounts and credit cards, raising eyebrows and sparking a debate over the bank's political neutrality. As Schlösser navigates these turbulent waters, the implications of this abrupt severance from a financial institution become a focal point of discussion in the political landscape.

Bild: Only two days after the victory of the AfD direct candidate Sascha Schlösser in the Thuringian state elections, the Deutsche Kredit Bank (DKB) has canceled all accounts and credit cards of the politician from Erfurt.

This is evident from a letter of termination dated Tuesday that the lawyer posted online. The AfD politician writes on X: "The DKB has not missed the opportunity to congratulate me on my election as a member of the state parliament for the AfD and is closing all my accounts." On Facebook, Schlösser adds: "I wonder if the state parliament will also pay the allowances in cash?"

The letter states, with reference to the general terms and conditions (GTC), that the business relationship will be terminated on November 30. Schlösser is asked to settle his checking and business accounts and destroy all credit cards.

No reason is given. A DKB spokesperson told Bild: "We are subject to banking secrecy and cannot comment on individual customers." He cannot answer whether there are more cases, but makes it clear: "In principle, we do not systematically exclude anyone just because they belong to a certain party."

Is there a connection anyway? The financial institution is constantly involved in political campaigns such as “NeverAgainIsNow”. It advertises on social networks with a special logo in rainbow colours.

In a hidden YouTube video about the “Zusammenland” campaign (50 companies), DKB board member Tilo Hacke explained in June: “Diversity and tolerance are essential for a sustainable society and economy – even when it comes to skilled workers or the resilience of our economy. Hate and agitation have no place with us.”

AfD candidate was in the CDU for twelve years
It is unclear whether the bank is violating the neutrality obligation to which some companies are subject. As a subsidiary of Bayerische Landesbank, DKB is indirectly part of the public law institution.

Schlösser was a member of the CDU from 2003 to 2015 and is now entering the Thuringian state parliament thanks to the most first votes (35.7 percent) in the Erfurt I constituency.

On Monday, he posted photos of a window in his office that had been smashed online. A week ago, he announced on Facebook that he did not have to pay for the tire change on his campaign car and that the garage had instead asked him to put up more posters.

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