BAWAG prosecutors fail to find evidence

Categories
Finance

Linz prosecutors have dropped an investigation against BAWAG PSK after finding no evidence of wrongdoing. The announcement was made on Wednesday when prosecutors in the city said that they could not find proof that staff at the bank had tricked the municipal government into a 2007 swap deal. However a civil case is still being […]

Stradivari expert on the fiddle built his empire on sand

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General News

A Vienna court has heard how a man that even prosecutors described as the most famous stringed instrument expert in the world used his reputation to fiddle millions from his clients. Dietmar Machold married a woman 27-years younger, bought a romantic fairy-tale castle and filled his garage with a fleet of VIP cars to impress […]

Chancellor could be charged with embezzlement

Categories
Politics

Social Democratic (SPÖ) Chancellor Werner Faymann is still facing abuse of office charges, it emerged yesterday (Thurs). The Chief Prosecution of Vienna (OStA) announced it advised prosecutors to keep examining whether Faymann applied pressure on state-funded railroad company Federal Railways (ÖBB) over a series of ads in Austria’s most popular newspaper. There have been contradictory […]

Cellar girl had a baby further claims

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General News

Cellar girl Natasha Kampusch, 23, had a baby while held captive by pervert Wolfgang Priklopil according to opposition politicians from both the right and the left who are demanding an independent investigation. Opposition leader Heinz Strache from the FPOe claims police ignored evidence that Kampusch gave birth to Prikopil’s child whilst in the cellar in […]

Interest in politics hits all-time low

Categories
Politics

Fewer Austrians than ever before are interested in politics, according to a poll. Research group Imas said yesterday (Weds) only five per cent of citizens explained they were “strongly interested” in developments in interior politics. Around three in four admitted being indifferent or uninterested. Imas explained the percentage figure of those very interested has never […]

Prammer wants speedy TA investigations

Categories
Politics

Barbara Prammer has said exposed occurrences within Telekom Austria (TA) are “almost unbearable.” The Social Democrat (SPÖ) is, as first president of the federal parliament, the highest political representative of Austria after President Heinz Fischer. Prammer appealed on prosecutors to present the results of their investigations as soon as possible. The Social Democrat also said […]

Austrian paedophile jailed in Spain

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General News

An Austrian pensioner has been sentenced to more than four years in jail for molesting kids and possessing underage pornographic material by a court in Spain.Judges heard how Rudolf C. lured the boys – a neighbour, 14, and his nine-year-old nephew – into his villa in San Juan de Alicante at the Costa Blanca for […]

Chechen trio jailed over Israilov murder

Categories
Politics

Three Chechens have been given long jail terms for their role an assassination which made headlines across the globe.The trio was found guilty of being involved in the murder of Umar Israilov, a former bodyguard of Chechen President Ramzan Kadyrov who turned against his employer, in Vienna-Floridsdorf in January 2009.Israilov died after being gunned down […]

Guatemala police ‘murderer’ arrested in Austria

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General News

A former Central American police official has been detained in Upper Austria.Javier Figueroa – the ex-federal police chief of Guatemala – fled to Austria in 2007 after being accused of having been involved in the killing of at least 10 prisoners in 2005 and 2006. The executed convicts were accused of drug trading. Three of […]

Market manipulation suspects nabbed in Austria

Categories
Finance

Businessmen accused of having masterminded a multimillion-Euro financial market manipulation scheme have been arrested in Austria.The Vancouver Sun newspaper reports today (Fri) that ex-stock newsletter editor Pascal Geraths and Canadian stock promoter Aly Babu Mawji were put in custody in Salzburg and Vienna respectively.German prosecutors, who are currently investigating the potentially illegal stock market activities, […]