German president faces new fire in loan dispute - WAOW - Newsline 9, Wausau News, Weather, Sports

German president faces new fire in loan dispute


BERLIN (AP) -- A German newspaper says the country's president complained to its editor about its plans to report on a private loan he received and threatened legal action.

On Dec. 13 the mass-circulation Bild daily reported for the first time that President Christian Wulff had received a euro500,000 ($650,000) private loan from the wife of a wealthy businessman and friend, apparently at below market rates, in 2008 -- before he became president.

Wulff has been under pressure to explain the loan since.

Bild said Monday that Wulff on Dec. 12 tried to reach editor-in-chief Kai Diekmann. It said Wulff left an indignant message about Bild's research into the loan on Diekmann's cell phone mailbox and threatened legal action against editors involved.

Wulff's office said he greatly values media freedom and doesn't comment on private conversations.

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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