Austrian residential or business property mogul Rene Benko jailed- DW- 01/23/2025

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Austrian district attorneys on Thursday acknowledged Rene Benko, that established the residential or business property staff Sigma, was jailed at his rental property in Innsbruck.

The agency got here to be essentially the most vital casualty of Europe’s residential or business property decline, with lenders searching for to recuperate what they will as a result of it acknowledged chapter.

“The prosecutors’ office in charge of economic crimes and corruption ordered the arrest of Signa founder Rene Benko,” a declaration from the district lawyer’s office acknowledged.

It acknowledged the apprehension bought on uncertainty of lacking a billing and trying to hide properties from lenders.

Benko’s Signa Holding utilized for private chapter on the finish of 2023. Among Signa’s German properties was the chain retailer chain Galeria.

Prosecutors launched that there was “strong suspicion” of various legal offenses.

Benko was acknowledged to be the “de facto ruler and beneficial owner” of a private construction and to have truly hidden this in the course of his particular person insolvency. In doing so, he purportedly hid properties.

This is a creating story that may definitely be upgraded…

rc/nm (dpa, AFP, Reuters)



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