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2.7 Billion: Record Claims Against René Benko

Staat und Investoren fordern eine Rekordsumme von René Benko.
Staat und Investoren fordern eine Rekordsumme von René Benko. ©APA/EXPA/JOHANN GRODER
After the collapse of the Signa Group, company founder René Benko is also facing massive claims in his personal bankruptcy. Creditors have filed claims amounting to 2.7 billion euros – a historic high.

Even in his bankruptcy as an entrepreneur, the founder of the collapsed Signa Group, Rene Benko, has accumulated record debts, according to the amount of claims filed, which amount to 2.7 billion euros. This was reported by ORF radio on Wednesday evening, citing the creditor protection association Creditreform. However, only claims amounting to 47 million euros have been recognized so far, while Benko states that he has equity of 300,000 euros.

Benko Confronted with Historic Debt Load

The highest claims have been filed from Abu Dhabi, according to the report. Benko had found investors there. In 2019, he was also part of an official delegation there under the then Chancellor Sebastian Kurz.

But the state also wants money back: The tax office is demanding 8 million euros, the health insurance fund 31,000 euros. A regional tourism association, in turn, has filed around 1,000 euros, and for telephone and/or internet bills, it is 1,300 euros. An insolvency proceeding in which an individual has been confronted with claims amounting to 2.7 billion euros has not yet occurred in the country's economic history, said creditor protector Gerhard Weinhofer to ORF. If the stated equity remains, there will be little to recover in the end.

(APA/Red)

This article has been automatically translated, read the original article here.

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