Austrian district attorneys on Thursday acknowledged Rene Benko, that established the residential or industrial property crew Sigma, was jailed at his rental property in Innsbruck.
The agency got here to be probably the most vital casualty of Europe’s residential or industrial property decline, with lenders on the lookout for to recuperate what they’ll 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 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 acknowledged to be the “de facto ruler and beneficial owner” of a private construction and to have truly hidden this in the midst of his particular person insolvency. In doing so, he purportedly hid properties.
This is a creating story that can definitely be upgraded…
rc/nm (dpa, AFP, Reuters)
