René Benko, the founder of the real estate company Signa Holding, was arrested early this morning in Innsbruck.
According to Austrian media, the arrest is linked to criminal investigations being conducted in several countries, including Austria and Italy. The Austrian Economic and Corruption Prosecutor’s Office (WKStA) suspects Benko of providing false information about the financial state of his company, Signa Group, to secure a bank loan in the summer of 2023. In Italy, investigations are underway regarding alleged bid-rigging, unlawful influence, and fraud tied to Benko’s activities.
Signa Holding, one of Austria’s largest real estate companies, declared bankruptcy in November 2023, marking the biggest financial collapse in the country’s history. Benko’s personal financial difficulties led him to file for personal bankruptcy in March 2024.
In addition to Austria and Italy, investigations against Benko are ongoing in Germany and Liechtenstein. He faces numerous charges of economic crimes related to his professional dealings.
