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...A Signa Group company transferred more than €300mn to two entities controlled by the family of its Austrian founder René Benko before the collapse of the property giant, according to financial documents...
...Creditors of René Benko’s Signa have filed a criminal complaint with Austrian anti-fraud prosecutors, calling for an urgent investigation into the collapsed property group....
...Austria’s anti-corruption prosecutors have opened an investigation into property mogul René Benko for allegedly defrauding a bank....
...Property tycoon René Benko, founder of the Signa group, has filed for personal insolvency in Austria, as a corporate empire that spanned luxury properties and department stores across Europe and the US unravels...
...Hundreds of thousands of Mexicans joined protests on Sunday against a radical overhaul of institutions driven by populist President Andrés Manuel López Obrador, calling it a threat to democracy....
...Further reading:— Signa unravelled: inside René Benko’s debt-laden property empire (FT)— Signa sold prized KaDeWe property at cut price (FT)— How Austria’s political elite helped René Benko’s rise (FT)...
...Maribel López is the managing director of ARCOmadrid, Spain’s largest contemporary art fair....
...This week we are talking about Jennifer Lopez’s new musical film This Is Me . . . Now: A Love Story, which accompanies her new album, This Is Me . . . Now....
...For years René Benko cultivated close political relationships in his native Austria....
...Sheinbaum, 61, has run a disciplined campaign promising broad continuity of López Obrador’s project, while saying that decision-making would be based on data....
...René Benko’s two foundations, which are opaque, sit at the top....
...López Obrador swept to the presidency in a 2018 landslide promising to help Mexico’s poor and tackle corruption....
...Read a transcript of this episode on FT.com...
...Billionaire property developer René Benko has been ousted from his real estate empire Signa amid a cash crunch that threatens to hit European lenders exposed to the indebted Austrian group....
...This Friday, we explore Jennifer Lopez’s mind-boggling new movie musical ‘This is Me … Now: A Love Story’, which was released alongside an album of the same name....
...Javier Milei, Argentina’s libertarian leader, even called Mexico’s Andrés Manuel López Obrador’s supporters a “small-penis club”....
...Timo Herzberg, an appointee and ally of Signa founder René Benko, has had his contract terminated with immediate effect, the group said on Monday evening....
...Liechtenstein’s chief public prosecutor has opened an investigation into the financial affairs of the Austrian property mogul René Benko for possible money laundering and fraud in the tiny, secretive alpine...
...Mexico’s previous government opened the oil sector to significant private investment for the first time in 80 years, a move vehemently opposed by nationalist López Obrador, who is from a major oil producing...
...López Obrador has just six months left of his term — he is barred from re-election — and as his successor is likely to be less popular, they will want to avoid starting their rule with a conflict....
...Sheinbaum’s assured performance on Sunday night offered few clues as to how she may differ from López Obrador, a key issue for investors and analysts....
...This move had followed Mexican president Andrés Manuel López Obrador’s suggestion that the assassination of a candidate in Ecuador cost a leftist candidate the presidency....
...The rapid unravelling of the group has left lenders across Europe racing to assess their exposure to the business empire of Austrian billionaire René Benko and work out what claims they might have on Signa...
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