Former Hypo Group Alpe Adria (HGAA) boss Wolfgang Kulterer has had his custody extended.Klagenfurt prosecutors announced today (Mon) they decided to extend the bankers detention over fears he might flee and try to cover up potential crimes previously carried out by him in connection with the near collapse of HGAA.Kulturer was arrested on 13 August. […]
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 […]