Ex-billionaire Benko cancels appearance before U-Committee. Since the wave of insolvencies in the Signa Group began last year, René Benko has never made a public statement.

The Austrian parliament's investigative committee was set up by opposition parties to shed light on the alleged favoritism of rich entrepreneurs like Benko by the conservative ÖVP chancellor party. The reason for the cancellation was that the investor cited concerns about his rights as a suspect in ongoing proceedings, it said.