René Benko sentenced to two and a half years in prison
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The Austrian former billionaire René Benko has been sentenced to two and a half years in prison in a re-opened proceeding. The sentence was increased by six months compared to the first verdict.
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The former Signa founder René Benko has been sentenced again in Austria – this time to a prison term of two and a half years. A court found the ex-billionaire guilty in a partially re-opened trial because he is alleged to have harmed his creditors. The new sentence is therefore higher than in the first verdict around a year ago.
What was the case about?
At the center was once again the question of whether Benko harmed his creditors. According to Tagesschau, an advance on rent costs proved to be the ex-billionaire's undoing.
Why was the trial re-opened?
The first trial against Benko had already ended around a year ago with a conviction for harming his creditors. Parts of the trial then had to be repeated. In the new trial, the sentence was now higher – according to Der Spiegel, the sentence was increased by six months.
Update: more information to follow.
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