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AUA: Broken Al-Jaber-Deal Has Consequences

Published: June 9, 2011; 13:50 · (Vindobona)

One former and one current board member of the airline were sentenced to penalty payments for not having provided information to the shareholders.

AUA: Broken Al-Jaber-Deal Has Consequences / Picture: © MBI International & Partners

More than three years after the broken deal between AUA (Austrian Airlines) and Mohamed Al Jaber, one incumbent board member of the airline was sentenced to a penalty payment. The Independent Administrative Tribunal (UVS) confirmed a penalty order of the Financial Market Authority (FMA) which says that AUA-CEO Peter Malanik and his former colleague Alfred Ötsch have violated the Stock…

This article includes a total of 175 words.

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