Official key witness
Casag proceedings: Thomas Schmid paid a fine
The former CEO of the state holding company ÖBAG, Thomas Schmid, is now officially a key witness in the so-called Casag proceedings. Schmid has paid the fine of 60,000 euros imposed on him as well as the partial compensation for damages of 200,000 euros.
Kronen Zeitung als bevorzugte Google-Quelle hinzufügen The Public Prosecutor's Office for Economic Affairs and Corruption (WKStA) has therefore discontinued the proceedings against Schmid "subject to subsequent prosecution", a WKStA spokesperson confirmed on Thursday.
Condition for leniency status
The payment was a condition for the granting of leniency status, and Schmid must also continue to contribute to the investigation. Schmid's leniency status was announced in November and he has now also fulfilled the formal conditions.
The former Secretary General of the Ministry of Finance had made a comprehensive confession to the WKStA in several hearings. Prominent ÖVP representatives - including former Chancellor Sebastian Kurz - were heavily incriminated in several cases.
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