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74 million plus doubted

The 74 million Euro surplus in Salzburg's finances presented by state finance chef David Brenner last week has raised doubt amongst experts and party leaders.

The main critic from experts is that no one knows how much was paid for the paperwork or just how much Salzburg will be able to step out of the high-risk enterprises.

The potential loss according to regional governor Wilfried Haslauer is of 300 Million Euros. The reason for this potential loss is the fact that Salzburg has 531,000 Euro worth of loans – mostly in Turkish lira.

For the suspended leader of the finance department, "there was no damage caused." According to the current standings, the balance is positive.

The only sure fact to date is that finance officer Monika R. is alleged to have secretly taken out 1,8 billion Euro's worth of debt obligations. Her lawyer Herbet Hübel argues against the allegation before court.

Meanwhile, the political shuffle in Salzburg continues. The Greens, who predict a total catastrophe, have asked to chair the planned investigations committee.

The Green Party's national councillor and ex-chair of the corruption investigations committee Gabriela Moser said the Greens were the only ones to always vote against the speculation-enterprises.

Austrian Times





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