‘Fatally ill’ banker released early

Categories
Finance

A banker found guilty of one of the biggest investment belly flops in the history of the country will walk free due to his fragile health, it has emerged. Judges in Vienna announced yesterday afternoon (Thurs) that Helmut Elsner was too sick to serve the remainder of his 10-year term. The 76-year-old spent the past […]

Skylink scandal searches in Vienna and Lower Austria

Categories
Business

The apartments of former Vienna International Airport’s (VIA or VIE) managers in Vienna and Lower Austria have been searched by prosecutors, it was confirmed.Klosterneuburg prosecutors announced that search warrants were executed at two homes of former VIA decision-makers and businesspeople assigned to create a new terminal called Skylink this morning (Tues). They added that several […]

ORF under fire for screening Nazi tank model ad

Categories
General News

ORF bosses have banned a commercial praising a tank used by the Nazis as a “living legend”.Red-faced officials at the national broadcaster were pressed to act after hundreds of disgusted viewers called to complain about the TV ad – screened last Monday – offering a do-it-yourself model of the “Tiger” tank.The controversial clip by internationally […]

Anger as Chinese rock to be lifted on Austrian peak

Categories
General News

Environmentalists have appealed to decision-makers to pull the plug on a controversial installation on one of Austria’s highest mountains.Organisers of Styria’s Regionale10 festival announced recently that famed Chinese artist Ai Weiwei will oversee the positioning of a four-tonne rock at the 2,995-metre Hoher Dachstein later this week.Ai Weiwei – an outspoken critic of the Chinese […]