Benko scandal: Luxurious lifestyle despite bankruptcy is outraged by the public!

Benko scandal: Luxurious lifestyle despite bankruptcy is outraged by the public!

The oath of revelation of an insolvency debtor: René Benko is at the center of a explosive procedure at the Innsbruck Regional Court. The insolvency administrator, Grabenweger, has brought to light that the European arrest warrant against Benko brings new dynamics into the investigation. This unexpected measure of the Italian judiciary also lets the alarm sirens ring in Austria. Benko has been investigated since March 2023, and now this arrest warrant could further increase the pressure on him. In a conversation with the "Frankfurter Allgemeine Zeitung" (FAZ), Grabenweger explained that the luxurious lifestyle of the entrepreneur was perceived as particularly shocking despite his financial problems. Benko continues to live in a guarded villa in Innsbruck-Igls, while the family receives 200,000 euros a month from a foundation to finance the house.

Another scandal around Benko concerns the recycling of his private possessions. Despite his resistance, personal items, including an extensive and expensive wardrobe, were sold to prevent an auction. Grabenweger reports that the family had to pay around 77,000 euros to ensure this possession. The foundations associated with the associated foundations, such as the Laura private foundation in Austria and the INGBE Foundation in Liechtenstein, mountains assets worth hundreds of million euros, but access to these means is extremely difficult. Grabenweger therefore demands stricter regulations for foundations to better protect such assets from creditors.

Surprising revelations on Lake Garda

It is also particularly explosive an incident on Lake Garda, which also questions Benko's willingness to cooperate. The mass administrator sharply criticizes his behavior because he apparently had his assets without consent by using a sports boat that was then auctioned for 95,000 euros. Although this action could not have any immediate legal consequences, it clearly shows that Benko does not adhere to the rules of insolvency proceedings. In any case, the creditors, who have claimed a total of 2 billion euros, have to prepare for a long and tedious path. Grabenweger and many observers agree that the legal clarification of the whole case will still take years, while Benko apparently lives unmoved in his luxury, as described in the report by "news.at".