Second Trial Against Benko Begins in December

According to the indictment, Benko is accused of having concealed assets, thereby reducing the fulfillment of creditor claims during his insolvency as a sole proprietor. An accomplice is alleged to have assisted him.

Benko currently in pre-trial detention in Innsbruck

According to the Economic and Corruption Prosecutor's Office (WKStA), the current second indictment against the fallen Signa founder involves damages amounting to a total of almost 370,000 euros. The Tyrolean entrepreneur, who is currently in pre-trial detention in Innsbruck, is alleged to have hidden cash amounting to 120,000 euros, as well as eleven high-priced watches and cufflinks, watch straps, and other items with a total value of almost 250,000 euros in a safe belonging to relatives. In the event of a conviction, Benko and the accomplice face one to ten years of imprisonment.

(APA/Red)

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