Austria Indicts Former Finance Minister for Corruption

Author(s): Boris Groendahl | Date: July 21, 2016 | Language: English
Source: Bloomberg.com | URL: http://goo.gl/ELbKBe

Austria indicted a former finance minister and 15 other people for corruption linked to a 2.45 billion euro ($2.7 billion) sale of state assets.

Karl-Heinz Grasser, 47, and the others will face charges of corruption following a seven-year investigation into 55 people, the Justice Ministry’s office for prosecuting white-collar crimes said in an e-mailed statement Thursday. Grasser’s lawyer, Manfred Ainedter, told Austrian public TV station ORF that the charges are baseless.

“There’s nothing to the allegations,” Ainedter said. “It was to be expected that the prosecutors weren’t going to say after seven years that all their efforts were in vain.”

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