Benko accused of hiding luxury assets, Vienna faces intense summer heat, and Austria moves forward with subsidy ...

VIENNA (Reuters) -Austria has arrested Rene Benko, the founder of fallen property group Signa, on suspicion of trying to hide assets from insolvency administrators and creditors, prosecutors said ...

Austria has arrested Rene Benko, the founder of fallen property group Signa, on suspicion of trying to hide assets from insolvency administrators and creditors, prosecutors said on Thursday.

Rene Benko arrives to attend Niki Lauda's funeral ceremony at St Stephen's cathedral in Vienna, Austria May 29, 2019. REUTERS/Antonio Bronic/File Photo Purchase Licensing Rights, opens new tab ...

VIENNA (Reuters) -Authorities in Austria are not planning to arrest Rene Benko in response to an Italian judge's order that the Austrian property tycoon be brought into custody, a spokesman for ...

Signa was Austria's largest privately owned property company until it declared insolvency in July last year. At the time, Benko was accused by Austria's state prosecutor of failing to pay promised ...

Austrian prosecutors have completed their initial investigation into the Signa property empire's collapse, focusing on ...

Real estate mogul René Benko was arrested in Austria Thursday on suspicion of attempting to hide assets and tampering with evidence while under investigation for fraud. Benko, the founder of ...

VIENNA - Authorities in Austria are not planning to arrest Rene Benko in response to an Italian judge's order that the Austrian property tycoon be brought into custody, a spokesman for public ...

Benko’s arrest comes more than a year after his Signa conglomerate collapsed, leaving insurance companies, banks and other investors in Austria and Germany facing billions of euros in losses.