After the insolvencies in the Signa Group, René Benko is facing the next problem. Lichtenstein has now initiated criminal proceedings against the billionaire.
The authorities in Vienna and Munich began investigations some time ago. The Austrian investigators have formed a special commission - the SoKo Benko - for this purpose. It is not an easy task to keep track of Benko's insolvent corporate empire. And the fall probably does not end, but is expanded to include a new chapter, with the criminal proceedings apparently being initiated in Lichtenstone. And with the Criminal proceedings apparently been apparently initiated, the deep fall probably doesn't end, as it is expanded to include an new chapter in which Benko’s private foundation also based in Tyrol, is burdened with an astonishing amount of debt: 1.14 billion euros. The name of a well-known Swiss banker appears in the story: Eduardo “Edi” Leemann, the long-time head of the Falcon Bank, where Benko had huge fortunes and which has since gone under.