Accusations against Hypo Group in Slovenia

Professional ServicesBanks ♦ Published: February 15, 2011; 01:30 ♦ (Vindobona)

The Austrian bank is under investigation because of suspicious real estate and financial transactions.

Accusations against Hypo Group in Slovenia / Picture: © Wikipedia / JJ55 (30 March 2008)

The Slovenian subsidiary of the Carinthian Hypo Group is facing criminal investigations. The replacement of the board which took place last week is allegedly also directly connected with the investigation.

Investigations in the financial and real estate business in Slovenia have been already completed; evidence is to be secured now. According to the Slovenian judiciary, the issue…