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Karl-Heinz Grbader's mother-in-law "did not tolerate any contradiction"
VIENNA. Judge Marion Hohenecker investigated the financial transactions of the former Minister of Finance
Grbader with his lawyers Norbert Wess (left) and Manfred Ainedter Image: APA
44. Day in the process of Buwog, the largest corruption process in the Austrian judicial history: yesterday, the former Minister of Finance Karl-Heinz Grbader (FPÖ / ÖVP) and the "mother-in-law" were at the center of discussions. Judge Marion Hohenecker has precisely followed the path of half a million euros that Grbader wants to receive from her stepmother, Marina Giori-Lhota. Grbader first stated that Giori-Lhota wanted to test his talent for talent. Later, he talked about a gift to his wife Fiona. Grbader said that he personally brought the money in several installments from Switzerland to Austria – in cash. Previously, the then Minister of Finance had called another official of his department to ensure that this procedure was also allowed
Grbader wants the money to be deposited with Meinl Bank on an account of the Swiss company Ferint AG. Assets have developed well. He has not received any deposit statements, said Grbader. In 2010, a Meinl Bank document indicated that Giori-Lhota was the beneficial owner of the account. She denied this later, which Grbader attributed to the financial pressure. He also said that he did not want to accept the 500,000 euros. "If you knew my mother-in-law, you would know that there was no contradiction in this matter," said the first accused.
Wet with Buwog Money
Money was first invested in Meinl securities. In December 2006, Grbader used it for an investment in a profit-sharing certificate of Hypo Alpe Adria, which developed very positively: The amount increased to 700,000 euros. The amount was credited in August 2008 to the account of the Mandarin mailbox company based in Belize. Grbader does not want to have access to this account. He belonged to the Swiss badet manager Norbert Wicki. According to Hohenecker, money from three different sources converged on the Mandarin account: Wicki's money, Walter Meischberger's privatization Buwog and the mother-in-law's money. According to prosecutors, the money does not come from Meischberger, but from Grbader in the privatization of Buwog. The WKStA sees the mix of studs as weighing for Grbader. He denies not knowing what happened on the Mandarin account
The allegations of the prosecution read that Grbader had received bribes in the privatization of federal housing and in the rental of tax authorities at the Linzer Terminal Tower. Specifically, the Office of the Prosecutor for the Economy and Corruption (WKStA) accuses Grbader of giving gifts by officials, falsified evidence and unfaithfulness. Grbader incurs a term of imprisonment of up to ten years imprisonment
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