Processing: The Salzburg financial scandal became known ten years ago
Ten years ago this became “Salzburg financial scandal”. Today is the day to die Causa as worked up and all criminal proceedings as closed. The state speaks of a “consolidated budget” and a “fundamental reorientation of the organization and control mechanisms in the state administration”.
SALZBURG. Ten years ago today (2012), details became known for the first time, which expanded into the “Salzburg financial scandal”. 350 million euros were speculated, 411 million euros is the total financial damage of the financial cause, which shook and changed city and state politics.
Did you follow the financial scandal?
The processing took years. With the exception of three automatically expiring securities, all speculative portfolios are said to have been reduced in the meantime. All criminal proceedings in connection with the financial scandal are also considered closed. Today the state speaks of a “fundamental new orientation of the organization and control mechanisms in the state administration”.
management and control
“The state has learned its lessons from the financial cause, which was also personally painful for many of those involved – then through a consistent consolidation path in the budget, in the area of administration and control,” says Governor Wilfried Haslauer. His party, the ÖVP, was able to come back to the top after the financial scandal at state level, after the then state governor Gabi Burgstaller and her SPÖ fell.
The administration was fundamentally reformed. Financial officer Deputy Governor Christian Stöckl (ÖVP) speaks of changed and secured processes and control mechanisms in the administration. Accounting was directly subordinated to the State Office Directorate. “We can thus ensure a consistent four-eyes principle. As an internal control system, it has now been introduced across the board in all departments,” says the finance officer.
411 million total damage
According to expert estimates, a significantly higher loss had to be assumed than was ultimately left. Deputy Governor Christian Stöckl puts the total financial damage at around 411 million euros, with the speculative loss accounting for the lion’s share at 350 million euros and additional tax payments and other expenses necessary to deal with them have already been taken into account.
Settlement negotiations with 16 banks
According to the state of Salzburg, 117 million euros could be recovered for the state through settlement negotiations with 16 banks. With the exception of three automatically expiring securities, all speculative portfolios are said to have been reduced in the meantime.
An archive full of excerpts, folders and documents
Around 500 folders with more than 140,000 pages and around 40,000 bank statements on the financial cause are stored in the archives. “With us, practically no stone was left on the other. A very strong system of control was put in place over the entire national service. , says department manager Manfred Huber.
You might also be interested in this:
“Communication and preparation are the keys”
State proposal for 2023 accepted against votes from SPÖ and FPÖ