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Vienna Prosecutors Indict Ex–Vice Chancellor Heinz-Christian Strache Over Alleged €300,000 Insurance Payout

The indictment must become legally effective before the court can set a trial date.

Overview

  • Prosecutors accuse Strache of breach of trust for seeking a payout from a life insurance policy originally intended to benefit FPÖ Wien in the survival case.
  • In 2014, Strache and a co-accused allegedly arranged a change making him the beneficiary without a decision by a party body.
  • The policy, taken out by FPÖ Wien in 2007, was structured to support Strache’s family in case of death but to pay the party if he survived the term.
  • Investigators say he later tried to persuade FPÖ figures to authorize payment after his 2019 resignation.
  • A conviction for breach of trust carries a potential sentence of one to ten years, while Strache denies wrongdoing and claims the transfer was proper.