Austrian ex-finance minister gets eight years in jail for corruption

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[VIENNA] A Vienna court on Friday sentenced a flamboyant, jet-setting former Austrian finance minister to eight years in prison in the country's biggest corruption trial since World War II. Read more at The Business Times.

"Only Grasser could have passed on information" to the winning consortium, Judge Marion Hohenecker said.

At the time the one-time Haider protege was seen as a political star with a possible future as chancellor. His mother-in-law denied this and prosecutors were able to prove that he had not met her in Switzerland at the time he said she handed over the cash.

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