Investigations against René Benko: Corruption and fraud under suspicion!

Investigations against René Benko: Corruption and fraud under suspicion!

The Austrian real estate magnate René Benko is at the center of an extensive international investigation, which so far comprises four countries, including Italy, Austria, Germany and Liechtenstein. On Tuesday in Italy, especially in Trento, overwhelming allegations against Benko and his Signa Group, which include a suspected formation of a criminal association and manipulation of tenders. The indictment throws a long list of crimes that contain, among other things, fraud, money laundering and corruption.

In Austria, the Economic and Corruption Prosecutor's Office (WKStA) examines the circumstances of the extension of a bank loan that Benko was supposed to grant while he is said to have faked the Signa Group's solvency. According to the authorities, raids were carried out in Vienna, Tyrol and even in the entrepreneur's villa. He is also accused of selling assets such as a sports car and hunting weapons to damage creditors. These serious accusations were used by luxtimes.lu reported.

Investigations in several countries

in Germany is investigated in Germany for money laundering and bankruptcy, especially with regard to financial streams over three -digit million amounts that have been transferred by its companies abroad. The investigation focuses on the renovation of a department store in Munich, with banks and investors to provide half a billion euros. In addition, the public prosecutor's office in Liechtenstein is investigating money laundering and insolvency fraud against Benko.

The situation is tense because Benko recently had to announce the bankruptcy of his group due to financial turbulence from rising interest rates and a decline in real estate values. Benko himself vehemently denies all allegations and emphasizes that he continues to have full confidence in the enlightenment of the allegations, as his lawyer Norbert Wess explains. However, the complexity and the extent of the investigation from different countries illustrate the serious challenges that the entrepreneur faces, while his business is under international observation, so vienna.at .