Manuel Pirolt has resigned from his board mandates at Signa Prime and Signa Growth Choice at his personal request. The corporate introduced this in a press launch. Pirolt has been with the corporate since 2011 and Chief Monetary Officer of Signa Prime Choice AG, at Signa Growth he was Chief Monetary Officer since its founding in 2014. The 40-year-old began as a controller, the CFO of the now bancrupt actual property group was thought-regarding quantity 2 behind firm founder Rene Benko.
In an interview with the weekly journal “profil”, Pirolt denied having a detailed private relationship with the corporate’s founder, René Benko. Because the holding firm’s insolvency, there was little contact. After the collapse, he now considers the bancrupt group to be “stabilized”. “The time has come for me to depart the corporate,” he advised “profil”. He’s additionally saying goodbye to the board of Benko’s Laura non-public basis, the place a part of the household’s property are mentioned to be parked.
Ongoing investigations
The general public prosecutor’s workplace is naming Pirolt as an accused in 5 circumstances. The media has reported an allegation of fraud regarding a mortgage extension on the Schelhammer Capital financial institution final 12 months, in addition to a voluntary disclosure by Signa as a result of the capital good points tax was paid too late following a dividend distribution.
As well as, there are investigations into the alleged incorrect use of investor funds. Moreover, proceedings on suspicion of cash laundering are pending with the Munich public prosecutor’s workplace. Pirolt denies the allegations and is the primary member of Signa’s internal circle of administration to offer media interviews.
Pirolt has handed over his duties to board member Markus Neurauter. Neurauter can also be taking up the function from Michael Möstl, board member of Signa Growth AG, whose contract expires on the finish of June. Möstl has been answerable for the technical implementation of the initiatives in Austria and Italy since Might 2014.
