Overview

• Financial Procuratorate chief Wolfgang Peschorn calls for a full reconstruction of money flows through Signa’s more than 1,130 companies, noting that major investments passed via Luxembourg and that round-tripping or money laundering cannot be excluded.
• Peschorn says substantial sums may be held in Benko’s private foundations, which currently remain beyond the reach of prosecutors and creditors.
• A first two-day criminal case is scheduled for October 14–15 in Innsbruck on allegations Benko hid assets from creditors, with authorities citing €660,000 in alleged damage, and he has been in pre-trial detention since January.
• The court plans to hear eight witnesses on day two, including former Signa finance chief Manuel P., Benko’s mother Ingeborg and his sister, alongside other executives and accounting staff.
• AKV reports insolvency proceedings have been opened over 156 Signa companies, including 99 filings this year, highlighting the scale of the group’s collapse.