American and Austrian Prosecutors Are Investigating Former CEO Julius Meinl of Meinl Bank Regarding 150 Million Euros Losses
12 Articles
12 Articles
The WKStA investigates the insolvency of Meinl Bank against several persons. The focus is on ex-supervisory board chairman Julius Meinl V., several ex-CEO members as well as other responsible persons of the former Meinl Bank, it was said on Thursday. It is about infidelity, embezzlement and fraudulent Krida.
With Meinl Bank, Julius Meinl was one of the most famous private bankers in Austria. However, the investigators now accuse him of having managed to get assets aside after the insolvency.
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nachrichten.atJulius Meinl V., several ex-executive board members and several bank officials are being investigated for the accusation of infidelity, embezzlement and fraudulent Krida.
The WKStA is expected to investigate former persons in charge. The villa in Vienna-Döbling and a property in Styria were confiscated.
The Economic and Corruption Prosecutor's Office is expected to conduct criminal proceedings against former officials of the bank that went bankrupt in 2020.
The Austrian State Prosecutor's Office for Economic Crime and Corruption (WKStA) is investigating the collapse of the former Meinl Bank and suspected criminal activity by its former executives. Among the 12 suspects are former chairman of the supervisory board Julius Lindbergh Meinl V., who according to investigators effectively ran the bank and currently lives in the Czech Republic, and former CEO Peter Weinzierl.
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