Billion Claims Against Benko Also as Ex-Entrepreneur

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In business insolvency, René Benko is demanding tens of millions, including from the tax office and Abu Dhabi. Of the 2.7 billion euros registered, only a fraction was recognized.

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VIENNA. Even in its insolvency as an entrepreneur, the founder of the collapsed Signa Group, Rene Benko, has raised record debts when it comes to the amount of claims filed, which amounts to 2.7 billion euros.

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Most of the demands come from Abu Dhabi.

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In his insolvency as an entrepreneur, the founder of the collapsed Signa Group, Rene Benko, has also accumulated record debts when it comes to the amount of claims filed, which amounts to 2.7 billion euros. This was reported by ORF Radio on Wednesday evening, invoking Creditreform, the creditor protection association. Until now, however, only claims of 47 million euros have been recognised, while Benko claimed to have own funds of 300,000 euros.