Benko Relieved from Money Laundering Accusations

People ♦ Published: December 20, 2011; 10:14 ♦ (Vindobona)

Investigations against the Austrian real estate investor will end soon, German newspapers report. Benko bids for Metro´s subsidiary Kaufhof.

Benko Relieved from Money Laundering Accusations / Picture: © Wikimedia Commons / Atrm [Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)]

An expertise of the Austrian Federal Crime Authority, which has been made on behalf of the Viennese prosecution authority, should prove that accusations against Benko are unfounded, Frankfurter Allgemeine Zeitung says. It is expected that criminal proceedings against Benko will be suspended soon. Last week, the supervisory board of Metro announced to wait for the outcome of the…