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Austria: Meinl‘s Bail Money to Be Reduced Significantly

Published: March 19, 2013; 16:51 · (Vindobona)

According to the Higher Regional Court (OLG) in Vienna, Julius Meinl is to receive € 90m of his bail money back.

Austria: Meinl‘s Bail Money to Be Reduced Significantly / Picture: © Meinl European Land

The bail, totaling € 100m, was granted in April 2009 and was actually the highest sum ever to be paid for bail money in Austria’s history. According to the OLG in Vienna, € 90m will be refunded to the banker. Meinl only had to serve one day and a half in prison.

The OLG still affirms that Meinl is under strong suspicion and that there is still a risk of flight. However,…

This article includes a total of 236 words.

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