Hypo: 700,000 € go from Berlin to KPMG

People ♦ Published: September 13, 2010; 10:58 ♦ (Vindobona)

The auditing firm, formerly headed by the current Hypo-boss Kranebitter, received more money than previously known.

Hypo: 700,000 € go from Berlin to KPMG / Picture: © KPMG - Pressefoto Gottwald Kranebitter

KPMG, whose former boss Gottwald Kranebitter now leads the Hypo Alpe Adria, has been paid more fees by Tilo Berlin, former Carinthian Hypo-investor and CEO of the Bank for a short time, than was previously known.

According to the Wirtschaftsblatt, KPMG not only received the 450,000 euro, for which it issued an assessment report for the increase of capital for Berlin's partner…