HGAA trio acquitted


Three former Hypo Group Alpe Adria (HGAA) employees have been found not guilty of embezzlement.Ex-HGAA head Wolfgang Kulturer, former HGAA Austria chief Gert Xander and Albin Ruhdorfer, a former attorney of the bank, were acquitted at the Provincial Court in Klagenfurt, Carinthia, yesterday (Tues).The businessmen were accused of embezzlement concerning two controversial lending deals.HGAA – […]