Tag: TPA

Signa Fallout Continues: Insolvency Administrators Target KPMG Over “Worthless” Audits

Austria Charlene Lensburg -
The scandal surrounding the collapse of René Benko’s Signa Group has entered a new phase. The insolvency administrators of Signa Development and Signa Prime are preparing claims exceeding €100 million against KPMG, accusing the auditor of grave failures. Allegedly, KPMG ignored glaring red flags, enabling Signa to delay insolvency filings.

The Signa Empire: Karin Fuhrmann –  The Tax Advisor at the Heart of Benko’s Dark Web (Part II)

Austria tamir -
René Benko’s collapsed Signa Group relied on more than charisma and cheap credit; it required a durable professional infrastructure. At its centre stood the Austrian tax consultant Karin Fuhrmann, long‑time partner at Vienna’s consultancy TPA and, for more than a decade, chair or member of several Benko family foundations. Prosecutors now suspect that Fuhrmann’s expertise enabled crucial asset transfers.