Overview

• The Innsbruck Court of Assize, led by Judge Andreas Grabenweger, imposed a two-year prison term and kept Benko in custody with time served credited.
• Vienna’s economic and anti-corruption prosecutors won a conviction over a transfer the court found was intended to hide money from the bankruptcy estate.
• Benko was acquitted on a separate charge related to a €300,000 advance rent for the Hungerburg villa, which the court deemed uninhabitable at the time.
• The defense has three days to lodge an appeal, and neither Benko nor his lawyer made statements after the verdict.
• The case follows the collapse of the Signa group, described as a €10.8 billion insolvency under investigation in Austria and other countries.