Grasser Faces Final Verdict in BUWOG Case

Published: 2025-03-20

The BUWOG corruption case, one of Austria's largest political scandals, is reaching its conclusion.

Former Finance Minister Karl-Heinz Grasser faces a potential eight-year prison sentence as the Supreme Court reviews his appeal.

The case centers on the 2004 sale of 60,000 state-owned apartments for €961 million, with allegations that Grasser leaked confidential bidding information to benefit the winning bidder, Immofinanz.

Grasser denies the accusations, but previous rulings found the evidence against him compelling.

The trial has drawn significant public and media attention, with many viewing it as a test of accountability for high-ranking officials.

A decision is expected within days, potentially closing a two-decade-long chapter in Austrian political history.