Overview
- The 49-year-old was provisionally arrested Thursday in Berlin on suspicion of breach of trust over four transfers made from January to May 2023.
- Prosecutors say more than €8 million was moved between Signa companies without the lenders being told.
- The suspect allegedly oversaw a new project firm that received €10 million in purpose-tied loans and held signing authority at several group entities.
- A court suspended the arrest warrant and ordered strict check-ins with police instead of jailing the suspect before trial.
- Berlin police have reviewed millions of emails and financial records with prosecutors in Munich and Vienna as part of wider probes into Signa’s 2023 collapse and founder René Benko’s alleged asset hiding.