Tag: Klemens Hallmann

Austria’s anti-corruption prosecutors (WKStA) have filed the first criminal charges in the sprawling LNR affair: real-estate developer Lukas Neugebauer is indicted for fraudulent bankruptcy (betrügerische Krida, §156 StGB) over luxury spending after his personal insolvency began. The case—modest in sum but maximal in signal—lands amid the wreckage of Austria’s real-estate bubble and two marquee collapses:

At present, a wave of corruption is sweeping across Europe. It recently became known that the National Criminal Agency (NACA) intends to charge the acting governor of the National Bank of Slovakia, Peter Kažimír, with corruption. In Austria, the public prosecutor's office is investigating the former chancellor and minister for corruption. As reported by the blog Wiener Zocker, there is also alleged to have been corruption in construction projects in Vienna.