FIFA extend Taboga ban worldwide

Categories
Sports

The life time football ban imposed upon player Dominique Taboga by the Austrian Football Association (ÖFB) in February for match-fixing has been extended by FIFA today to include worldwide activities. Austrian former top league player Taboga was sanctioned by ÖFB following allegations he had been involved in match manipulation. Taboga used to play for Salzburg […]

Schools Ordered To Save, But Also To Buy Expensive Scales

Categories
Education

Austria’s embattled finance ministry has been dragged into a new scandal after it emerged that at the same time as demanding schools save 57 Millionen Euros in the coming year, they were also expected to find an additional 3 million to buy an approved set of weighing scales. The scales are not just any weighing […]

SPÖ see devastating loss after weekend election

Categories
Politics

The SPÖ lost a huge amoung of votes in the Salzburg state election yesterday (Sun). The party of Governor Gabi Burgstaller only achieved 23.81%, which is a loss of 15.58% compared to 2009. Even though the ÖVP lost more than seven percent, they came first. The Green Party is a winner of this election. It […]

Finance scandal reason for early election

Categories
Politics

The financial scandal in Salzburg has been hotly debated since last December. Many people lost their trust in the government and this has led to early elections on 5 May. The former financial adviser Wolfgang Eisl (ÖVP) issued a letter of attorney ten years ago, which allowed three state servants to make risky financial deals. […]

Paulus future in doubt over Salzburg scandal

Categories
Politics

Eduard Paulus, director of the public asset management of the federal state Salzburg, who should have supervised the rogue portfolio manager that gambled away close to 340 million Euro in the recent financial scandal, is still not facing sanctions. Paulus is a representatives of the Austrian Peoples Party (ÖVP), and so far only a member […]

Salzburg deputy resigns after 3bn rogue trader loss

Categories
Finance

Salzburg’s deputy governor and the man in charge of the province’s finances has announced he plans to resign next month after an alleged rogue trader gambled away billions on risky financial market ventures. Law graduate  Monika R, 45, was hired in 2001 to speculate with taxpayers money and made massive losses in 2006 after she […]

Salzburg governor knew about rogue trader claim

Categories
Finance

The lawyer for the alleged rogue trader at the centre of a scandal that might cost the federal province of Salzburg up to 3 billion has accused the regional governor of not telling the truth when she said she did not know anything about the scandal until 3 of December. Lawyer Herbert Hübel said that […]

Swastika Shaped Austrian School Rebuilt

Categories
General News

Austrian education officials have spent more than £6 million rebuilding a school – after an aerial shot showed that it looked like a swastika from the air. The resemblance to the Nazi symbol was not noticed after the school was built in 1979 and it was only when Google Earth snaps were studied that the […]

Ex-HGAA boss freed from custody

Categories
Finance

Former Hypo Group Alpe Adria (HGAA) head Wolfgang Kulterer has been released from custody after three months.The banker, who is accused of being responsible for massive losses suffered by the bank in Croatia and other countries in southern Europe, left Klagenfurt prison yesterday (Thurs) after a bail of 500,000 Euros was transferred to juridical authorities.Kulterer’s […]