Overview
- The Signa insolvency administrator, Andreas Grabenweger, ordered two Ingbe-Stiftung safe-deposit boxes opened under a notary in Liechtenstein.
- Inspectors reported thousands of small gold bars of 10, 50 and 100 grams worth about €14 million, plus US$1 million and CHF1 million in cash.
- The stash was moved to a foundation depot for safekeeping, and a court in Liechtenstein is set to rule on access in about one to two months.
- The assets sit in the Ingbe-Stiftung, a family foundation created in 2014 by René Benko and his mother, and his representatives say the holdings were listed in the accounts.
- Wider recovery efforts include a January freeze of about €50 million and the March insolvency filing of the Laura-Privatstiftung, whose network was reported to hold roughly €400 million in assets.