Real Estate

Budapest Prosecutor's Office continues the investigation of real estate scandal of the Budapest District Five local authorities. The charge is mismanagement of public funds, because the municipality allegedly sold flats under their actual price.

Public officer who reported suspicious real estate transactions, got fired from The Municipality of Budapest.

Walter Meischberger, former FPÖ politician and accused of embezzlement, does not remember who gave him the information about the hotel deal which he transferred to building company UBM and received 600.000 Euro in return. The prosecutor does not believe Meischberger and accused him of getting money without any reward. It is also suggested Meischberger the received payment is bribery money though this accusation could not be proven.

The of embezzlement accused former FPÖ politician Walter Meischberger does not remember who gave him the information about the hotel deal which he gave to building company UBM and, according to his version, received 600.000 Euro in return. For the prosecutor Meischberger received the money without any reward.

Former politician Walter Meischberger is accused for embezzlement because of a 600.000 Euro payment form the building company Porr, a subsidiarity of UBM. According to the prosecutor Meischberger received the money as bribe to arrange the moving from Vienna's custom office to a building owned by Porr. Meischberger denies the accusation instead the money was for an information about an hotel deal.

At Wednesday the trail against former FPÖ politician Walter Meischberger started. About 600.000 Euro were paid to the accused Meischberger for which the investigators did not find any reward. According to the prosecutor Meischberger got the money from the building company UBM to arrange the moving of a part of Vienna's custom office in a building of the company. Meischberger denies the accusations instead he claims the money was for an information about a hotel deal.

Lithuania's Chief Official Ethics Commission began an investigation on the mayor of Druskininkai city, Ričardas Malinauskas. The mayor allegedly got involved into the conflict of interest while participating in legal procedures of the city council which had resulted in a positive outcome favourable to the mayor with regard to his real estate property in Druskininkai.

Organized Crime and Corruption Reporting Project (OCCRP) revealed that Serbia's Prime Minister Aleksandar Vucic had been hiding his real estate property worth over a half-million US dollars.

A council of experts of the Austrian Ministery of Justice is deciding if the former finance minister Karl-Hein Grasser and other prominents suspects will be accused of bribey. The accusation are erupted because of high payments during the privatisation of 60.000 flats (Buwog) and the terminal tower.

The decision if Austria's former finance minister Karl-Heinz Grasser (FPÖ/ÖVP) and other prominent suspects are being accused in connection of high payments while the privatisation of 60.000 flats (Buwog)and the terminal tower is coming closer. The senior prosector has just postponed their report on the case to the ministery of Justice. Concerning to Austrian newspapers a accusation is likely to happen.