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

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

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

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

    It said the apprehension bought on uncertainty of lacking a billing and making an attempt 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 numerous legal offenses.

    Benko was said to be the “de facto ruler and beneficial owner” of a private construction and to have really hidden this in the midst 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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