Scandal about real estate giant: Ex-board members responsible for billions of bills!

Scandal about real estate giant: Ex-board members responsible for billions of bills!

Vienna, Österreich - Signa Prime Selection AG faces a huge financial crisis that focuses on former managers. As the news magazine Trend , damage of over one billion euros is now expected to be responsible for the responsibility of four former board members and twelve Supervisory boards demands. These require recognition of your liability and accuse you of serious breaches of duty and bankruptcy.

The allegations are directed against well-known personalities such as the former SPÖ Federal Chancellor Alfred Gusenbauer. According to the documents, the Signa Prime was material insolvent at the end of 2022 or at the beginning of 2023. Nevertheless, internal loans were granted without collateral, and the Supervisory Board had failed to monitor the board sufficiently. The board members had used the basis of their actions "beer cover calculations", which are considered to be dubious in the industry and only map rudimentary financial planning, such as Kleinezeitung.at determined.

serious allegations and possible consequences

The insolvency administrator emphasizes that poor controlling and inadequate financial planning have contributed significantly to the negative development. Individual members of the Supervisory Board failed to take emergency measures before complete collapse, which led to increasing the loss of operating and reducing the bankruptcy estate. Abel explains that the scope of financial responsibility must be recognized by the former managers by January 20, 2025. In 2023 alone, massive payments have already been made to the parent company in debt, reported Kleinezeitung.at .