The German Cabinet approved draft legislation on Wednesday to modernize and digitize the law on combating illegal labour by means of financial checks, the Finance Ministry reported. Fair competition and equitable working conditions could only be ensured through effective countering of illegal work, the ministry said. In addition, taxes and social contributions to the budget and social funds had to be ensured, it said. Finance Minister Christian Lindner called for social benefit cheats, and those receiving social security payments illegally in particular, to suffer criminal penalties through fi…