US EditionUntangling the Signa Collapse: Austria's Legal Saga Unfolds
16 Articles
16 Articles
Untangling the Signa Collapse: Austria's Legal Saga Unfolds
Austrian prosecutors have concluded their primary investigation into the collapse of Signa's property empire. The probe involves four areas, including founder Rene Benko's alleged actions and potential fraudulent activities. Signa is pursuing out-of-court settlements to address liabilities linked to its insolvency crisis.
Signa founder René Benko has been in prison for five months, threatening an early indictment. Now, the regional court has rejected a request for release from the U-liability. The reason: urgent suspicion of action.
The billion-dollar voter remains behind bars. The economic and corruption prosecutor's office continues to assume the existence of a prison ground: danger of crime. On the morning of January 23rd, René Benko clicked the handcuffs in his inner-city office in Innsbruck. A few hours later, the financial juggler was transferred to the Vienna-Josefstadt prison, where a judge imposed the U-prison on the next day.Thursday, 1 p.m., the justice guard onc…
der Standard AT
der Standard DESigna founder René Benko is said to have made watches worth 230,000 euros and other prezioses to the side. The investigation into this strand of the causa has been completed, the U-liability against Benko has been extended
The WKStA had spoken out in favour of an extension of the U-liability, which not only gave rise to a risk of crime, but also of escape. However, the latter is not accepted by the court of detention and legal protection.
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