Friday, 18. April 2014
19. 02. 14. - 15:00
A Vienna court has heard how former executives of a National Bank of Austria subsidiary company paid bribes to national banks in Azerbaijan and Syria.
On the first day of a trial investigating the corruption, prosecutors told the court that the former vice-governor of OeBS, the unit responsible for printing banknotes, Wolfgang Duchatczek, was one of nine people who charged foreign banks an extra 20% which was then handed to Azeri and Syrian officials as kickbacks.
Officials in Ajerbaijan and Syria were allegedly promised the money in return for OeBS winning the money printing contracts from them.
According to their lawyers, the Austrian National Bank is demanding the defendants pay 100,000 Euros compensation. They argued in court that their reputation has been damaged by the scandal, pointing to the fact that foreign bank clients are requesting more information about what went on.
Duchatczek resigned from his position at OeBS last July after he was accused of being involved in the bribery scandal. His lawyer told the court that he was unaware that the payments were bribes and believed they were commissions for helping to secure the contract.
Another former top executive, Michael Wolf, has admitted that bribery had taken place. "Bribes were paid, and Mr. Wolf admits that," the lawyer for the former managing director of OeBS said.
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What is on at Burg Kino this week? (18 April - 24 April)
This week at the Burg Kino on the Opernring the following films are showing:
Austria Accused Of Ignoring Giant Nazi Swastika
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Jetflyers Take The Jet Ski Onto The Road
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Nuns invite young women to get a taste of Abbey life
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Austrian women earning over fifth less than men
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Exploring photography and art through 1960s cult film Blow-Up
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Why suffer in silence. Let off steam by letting our readers share your troubles. File your complaints about anything and everything here.
Our ombudsman David Rogers will try and help solve some of the problems from lazy civil servants through to incompetent companies – and at the very least the worst transgressors will end up in our weekly special report.