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 probably the most important casualty of Europe’s residential or business property decline, with lenders searching for to recuperate what they’ll 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 received on uncertainty of lacking a billing and trying 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 plenty of prison 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.
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rc/nm (dpa, AFP, Reuters)
