Tag: Am 1 Real Estate Investment Management

Rene Benko: About The Signa Bankruptcy, Political Connections, And Lawsuits From Abu Dhabi!

Bankruptcies Charlene Lensburg -
The scandal surrounding the bankruptcy of Rene Benko's Signa Holding continues. Once one of the largest European real estate developers, the company slipped into bankruptcy with liabilities of €5 billion. Two former chancellors, Alfred Gusenbauer and Sebastian Kurz, were also involved with Signa and wrote bills in the millions. Kurz is said to have established contacts with the Abu Dhabi sovereign wealth fund for Benko. The latter now wants a billion back from Signa.