Verdict in Trial Over "the Property" in Wiener Neustadt

According to court reports from Thursday, the third defendant received a non-final probation sentence of nine months due to false testimony. A fraudulent bankruptcy offence with a damage of 22.4 million euros was also charged, but the second and third defendants were acquitted. The trial will continue in January.

Trial of "die Eigentum": No Verdict Against Main Defendant

The 65-year-old main suspect was not included in the verdicts from Wednesday, he is considered unfit to stand trial. Although the proceedings against the first defendant had been dropped, the man was still a key figure for the prosecution in the original indictment. He is alleged to have sold or reduced parts of his private assets and the assets of several GmbHs from 2012 onwards, thereby diminishing the satisfaction of creditors and damaging the companies. The 65-year-old is said to have sold apartments far below their value to himself, his private environment and other companies. In addition, unsecured loans may have been granted to shareholders or family members. The man is also said to have initiated three payments worth 900,000 euros without any significant consideration.

Daughter of Former Managing Director Also Charged

The company, founded in Vienna, had its non-profit status revoked after a change of company headquarters to Vösendorf (Mödling district) in Lower Austria in 2014. The company became insolvent in March 2021 and was ultimately closed. The verdicts from Wednesday concerned the second and third defendants, who had consistently pleaded not guilty. The trial will now continue against the daughter of the former managing director. The 32-year-old is also charged with fraudulent bankruptcy. A verdict could be reached on January 13th. According to Birgit Borns, the spokesperson for the Wiener Neustadt Regional Court, the trial is scheduled for this day from 1:00 to 2:00 p.m.

(APA/Red)

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