Article Tools

Austria: Three Convictions at Immofinanz Process

Published: April 12, 2013; 21:02 · (Vindobona)

Former head of Immofinanz, Petrikovics, was sentenced to six years in prison. Co-defendants Schwager and Thornton were sentenced as well.

Austria: Three Convictions at Immofinanz Process / Picture: © Immofinanz

In the Immofinanz-process, the court of lay assessors has confirmed convictions of the first instance in three cases. Former head of Immofinanz Karl Petrikovics, Helmut Schwager and Christian Thornton were convicted of fraudulent breach. Petrikovics was sentenced to six years and former chairman of the supervisory board Schwager to four years in prison. Thornton, former authorized…

This article includes a total of 234 words.

or Log In

Fast News Search
ISIN
AT0000809058