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"I would have never thought that he doesn't even have five million": A former partner is settling accounts with René Benko in court.

Two Tyroleans are arguing in court: For years, Austria's most prominent construction entrepreneur Hans Peter Haselsteiner has defended Signa founder René Benko. Now he is testifying against his former partner.

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"I would have never thought that he doesn't even have five million": A former partner is settling accounts with René Benko in court.

Hans Peter Haselsteiner, a prominent Austrian construction entrepreneur, has taken the stand against his former business partner René Benko in a court case. Benko, 49, is accused of severe fraud and deceptive bankruptcy, with prosecutors alleging he made false promises to repay 5 million euros. Haselsteiner claims Benko guaranteed repayment of the sum but failed to do so, and that he was unaware Benko was not financially capable of fulfilling the promise.

Benko's defense argues that Haselsteiner used the guarantee to settle an old debt and exploited Signa's financial difficulties.

Written by urgent.news from NZZ Wirtschaft's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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