Tax advisor says against René Benko: bankruptcy of Signa escalated!

Tax advisor says against René Benko: bankruptcy of Signa escalated!

Österreich - René Benko, a prominent Austrian entrepreneur, is faced with a massive legal challenge in the middle of the greatest bankruptcy of Austrian economic history. According to a report by Vol.at , Benko and the Signa Group, which he heads, has been known since it became known that his tax consultant Karin Fuhrmann and ex-chefcon testify. Investigators have identified him as the central mastermind of the company slide and raised it into one of the main suspects.

Fuhrmann, who is also the chair of the Benko private foundation, said that she had withdrawn from the management of the Tax Advisory Company TPA after claims of 13 million euros were loud. She justifies her decision with internal governance rules. Investigators indicate that Benko was significantly involved in numerous criminal machinations of his board members and managing directors, which Benko denies.

Financial background of bankruptcy

The effects of bankruptcy are far -reaching. As reported by puls24.at in recent years, over 100 million euros for services of any kind have been counted The fees of high-ranking consultants such as ex-Chancellor Alfred Gusenbauer. Despite the financial difficulties of the Signa Group, their managers and consultants received considerable sums. Gusenbauer, for example, received around 20 million euros for his work as a supervisory board between 2009 and 2023.

Influence of bankruptcy on the market

Insolvency is a serious problem in the economic sector and are usually the result of payment obligations that can no longer be met. According to an overview of Statista , the number of corporate insolvencies in Germany rose to over 17,000 in 2023, which corresponds to an increase in comparison to the previous year. The different course of corporate and private bankruptcies shows the complexity of the economic situation, which is reinforced by cases like Benko.

The investigation by the Economic and Corruption Prosecutor (WKStA) and the Signa special Commission include a total of twelve procedural lines. A first subjugate against Benko has already been submitted, and its lawyers now have ten days to take a complaint.

The Benko case is considered pioneering for the Austrian economy and has the potential to significantly affect trust in the industry. The developments in this procedure are pursued with tension because they could not only have an impact on Benko itself, but on the entire corporate landscape.