Austrian district attorneys on Thursday acknowledged Rene Benko, that established the residential or business property crew 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 will as a result of it acknowledged 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 acknowledged.
It acknowledged the apprehension obtained 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 a lot of prison offenses.
Benko was acknowledged to be the “de facto ruler and beneficial owner” of a private construction and to have truly hidden this in the course 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)