Karl-Heinz Grasser Begins Four-Year Sentence for Bribery, Eyeing Early Release in Austria
Austrian Ex-Finance Minister Held on 9.6 Million Euro Alleged Fraud Case - Austrian Ex-Finance Minister Arrested Over Alleged 9.6 Million Euro Fraud
Hear the latest on Austria's former finance minister, Karl-Heinz Grasser. The fella's currently serving a four-year stint in Innsbruck prison following his corruption conviction. APA reports the news.
Grasser, a once-popular politician, served as finance minister between 2000 and 2007. The Supreme Court confirmed in March that he was guilty of embezzlement and accepting bribes worth 9.6 million euros during the selling of state-owned properties. The successful bidder funneled the bribes through tax havens to Grasser and other convicted defendants.
Grasser Might Beeline for Early Release in Austria
Although Austrian law allows Grasser to be sprung early after two years with house arrest via an ankle monitor, a governmental legal change is in the works that could snag him an even earlier release. Grasser, a 56-year-old who still insists on his innocence, stirred the pot again after the trial, calling it a miscarriage of justice.
- Austria
- Karl-Heinz Grasser
- Corruption Case
- Bribes
- Supreme Court
[1] Under the current legal provisions, Austria's former Finance Minister, Karl-Heinz Grasser, could set sail for early parole, potentially serving only a few months in prison before the remainder of his sentence is served under house arrest with an ankle bracelet, given government plans to facilitate electronic ankle bracelet applications. [2] Legal experts predict that planned amendments will further facilitate Grasser's early release, contributing to the ongoing legal and public scrutiny surrounding his case.
- The government of Austria is planned to amend the current legal provisions, potentially aiding Karl-Heinz Grasser's early release, allowing him to serve the remainder of his sentence under house arrest with an ankle bracelet.
- As a result, legal experts anticipate that planned amendments will further facilitate Karl-Heinz Grasser's early release, intensifying the ongoing legal and public scrutiny concerning his corruption case.
- The former finance minister, Karl-Heinz Grasser, may benefit from extensive community aid and support, given the potential early release from prison and house arrest in Austria.
