Austria’s Former Finance Minister Jailed for Corruption

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A former Austrian finance minister, Karl-Heinz Grasser has been sentenced to eight years in prison for his role in a high-profile corruption scandal.

He was found guilty on Friday of embezzlement, receiving bribes and falsification of evidence in a deal to sell thousands of publicly owned apartments.

The court in Vienna said Grasser was involved in kickbacks of more than €9 million (£8.1m).

He has however denied the allegation and set to appeal.

Grasser became the youngest finance minister in the country’s history in 2000

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