Police in Austria and Serbia revealed plans to join forces in investigating alleged money-laundering activities by Serbian crooks and former Hypo Group Alpe Adria (HGAA) officials.Austrian media claimed last week ex-HGAA decision-makers cooperated with an infamous Serbian drug lord for years.Reports had it that “Balkan cocaine king” Darko Saric laundered around 100 million Euros between […]
Tag: HGAA
HGAA to launch compensation claims
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Ailing Hypo Group Alpe Adria (HGAA) bosses have revealed plans to demand compensation from former bosses and political decision-makers.HGAA chief Gottwald Kranebitter announced today (Fri) the bank would launch legal action against ex-chiefs “in the coming weeks”. Kranebitter explained that it would focus on “those who caused damage to the bank”.The HGAA head declined to […]
Former allies of late right-wing spearhead Jörg Haider have launched an unprecedented attack on Austrian media over their coverage of alleged secret bank accounts.News weekly profil claimed on the weekend that ex-Freedom Party (FPÖ) boss Haider stashed around 45 million Euros in more than 40 different accounts in the principality bordering Austria.The magazine wrote that […]