Raids at Hypo Group in Italy

Politics ♦ Published: June 25, 2013; 16:19 ♦ (Vindobona)

Because of suspicions of tax fraud Hypo Group’s affiliate in Udine was searched by the Italian police.

Raids at Hypo Group in Italy / Picture: © Hypo Alpe-Adria-Bank International AG

Nationalized banking institute Hypo Group Alpe Adria got in trouble with the Italian affiliate. Today, Italian tax police has searched the affiliate in Udine. The banking institute is suspected of tax fraud by the prosecution in Udine.

In the period between 2008 and 2013 the bank is supposed to have fees illicitly in the amount of € 30m with the evaluation of interest rates for…

or Log In

Fast News Search
Related News
Austria: Investigations on Loan to Alpine (June 21, 2013)
Hypo: Deal with Russian Oligarch with “Proper Mortgage” (June 20, 2013)
Hypo Group: Business With Russian Oligarch (June 19, 2013)
Fekter: „Bad Bank for Hypo Not The Most Creative Solution“ (June 12, 2013)
Austria: OeNB Positive About Hypo’s Future (May 14, 2013)
Read More
Hypo Group Alpe Adria, Italy, Alpine, Banking Industry, Construction Industry, Justice, Crime
Featured
Second Coronavirus Lockdown in Austria: Which Rules Apply?
Austria's Hard Lockdown: So what applies now?
Austria's Second Hard Lockdown: So what applies now? - Live Updates
Austria Faces Hard Lockdown
Second Coronavirus Lockdown: Which Rules Apply for your Business in Austria?
List of National Days of the Home Countries of All Foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter