Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Austria brings criminal case against ex-official accused of spying for Russia
    Headlines

    Austria brings criminal case against ex-official accused of spying for Russia

    Austria brings criminal case against ex-official accused of spying for Russia

    Published by Global Banking and Finance Review

    Posted on August 29, 2025

    Featured image for article about Headlines

    VIENNA (Reuters) -Former Austrian intelligence official Egisto Ott is facing a criminal case, accused of corruption and spying for Russia by supplying an encrypted laptop and leaking sensitive information for years, prosecutors said on Friday.

    Ott, who formerly worked for the now defunct Federal Office for the Protection of the Constitution and Counterterrorism (BVT), which was then Austria's main domestic intelligence agency, was arrested in March 2024 on suspicion of spying.

    Ott has denied all wrongdoing. His lawyer declined to comment on Friday.

    Vienna prosecutors said in a statement they were bringing a case against Ott and an unidentified police officer, alleging offences including working for or supporting an intelligence agency to the detriment of Austria, bribery, misuse of office and breaching official secrecy.

    The statement said Ott is accused, among other things, of supporting an unspecified Russian intelligence agency by "collecting secret information and a large amount of personal data from police databases between 2017 and 2021 for the purpose of transmitting them to Jan Marsalek and unknown representatives of the Russian intelligence service".

    It added that Ott allegedly received payment in exchange.

    Marsalek is the fugitive former chief operating officer of German payments company Wirecard that collapsed in scandal in 2020 owing creditors almost $4 billion. Marsalek has been on the run since then. A London court found this year that he had run a ring of Bulgarian spies in Britain working for Russia.

    Ott is also accused of supplying, at Marsalek's behest, a so-called SINA-S laptop, including hardware used by European Union governments for secure communications, to an unknown person in exchange for 20,000 euros ($23,000). The laptop was then handed over to a Russian intelligence agency, it added.

    Allegations and evidence have been mounting that Marsalek, who is Austrian, orchestrated Russian spying activities in his home country and ran double agents in its domestic intelligence service. Given his fugitive status, nobody is known to represent Marsalek in this matter.

    The issue also featured in last year's parliamentary election, with several parties accusing the far-right Freedom Party (FPO) of being dangerously pro-Russia, which it denies.

    The FPO came first in the election but was unable to form a ruling coalition. The conservative People's Party now leads a three-way coalition government with other centrist parties.

    ($1 = 0.8542 euros)

    (Reporting by Francois MurphyEditing by Frances Kerry)

    Related Posts
    Russia jails man for 22 years for blowing up trains in Siberia at Ukraine's behest
    Russia jails man for 22 years for blowing up trains in Siberia at Ukraine's behest
    Lasers turn back time on Rome’s Column of Marcus Aurelius
    Lasers turn back time on Rome’s Column of Marcus Aurelius
    Italy raids illegal tobacco factory, seizes 27 tonnes of cigarettes
    Italy raids illegal tobacco factory, seizes 27 tonnes of cigarettes
    Families of jailed pro-Palestinian activists on hunger strike urge UK government to act
    Families of jailed pro-Palestinian activists on hunger strike urge UK government to act
    EU leaders think it is fair to use Russian assets for Ukraine, Polish PM says
    EU leaders think it is fair to use Russian assets for Ukraine, Polish PM says
    EU court says Denmark's ethnic-based 'ghetto law' may be discriminatory
    EU court says Denmark's ethnic-based 'ghetto law' may be discriminatory
    Germany and Spain urge EU to back Mercosur trade deal as France resists
    Germany and Spain urge EU to back Mercosur trade deal as France resists
    Zara turns to AI to generate fashion imagery using real-life models
    Zara turns to AI to generate fashion imagery using real-life models
    Russia says commission on Ukraine war damages has no legal force for Moscow
    Russia says commission on Ukraine war damages has no legal force for Moscow
    Russia's central bank says it will sue European banks in Russian court over frozen assets
    Russia's central bank says it will sue European banks in Russian court over frozen assets
    Albanian parliament erupts over corruption allegations against deputy PM
    Albanian parliament erupts over corruption allegations against deputy PM
    Lucasfilm wins bid to throw out UK lawsuit over 'resurrection' of 'Star Wars' character
    Lucasfilm wins bid to throw out UK lawsuit over 'resurrection' of 'Star Wars' character

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Volkswagen pushing ahead with German cost-cutting, brand boss says

    Volkswagen pushing ahead with German cost-cutting, brand boss says

    Spain orders 100 Airbus helicopters 

    Spain orders 100 Airbus helicopters 

    New Czech government looking at several CEZ buyout options, minister says

    New Czech government looking at several CEZ buyout options, minister says

    Germany launches €30 billion fund to mobilize private investment

    Germany launches €30 billion fund to mobilize private investment

    Rheinmetall, ICEYE partner on $2 billion German army order for space sector

    Rheinmetall, ICEYE partner on $2 billion German army order for space sector

    Meta's Yann LeCun targets $3.5 billion valuation for new AI startup, FT reports

    Meta's Yann LeCun targets $3.5 billion valuation for new AI startup, FT reports

    Irish foreign multinational employment climbs in 2025 despite Trump tariffs

    Irish foreign multinational employment climbs in 2025 despite Trump tariffs

    Russia is preparing for contacts with the United States on Ukraine, the Kremlin says

    Russia is preparing for contacts with the United States on Ukraine, the Kremlin says

    EU targets 41 additional vessels in Russia's shadow fleet

    EU targets 41 additional vessels in Russia's shadow fleet

    EU prosecutors seek to drop Genoa dam case against Italian Webuild CEO

    EU prosecutors seek to drop Genoa dam case against Italian Webuild CEO

    EU to lift sanctions on Kosovo and release financial aid, von der Leyen says

    EU to lift sanctions on Kosovo and release financial aid, von der Leyen says

    EU risks losing out to China and US with climate aims, new Czech minister says

    EU risks losing out to China and US with climate aims, new Czech minister says

    View All Headlines Posts
    Previous Headlines PostSpanish government cancels contract with Telefonica for using Huawei gear
    Next Headlines PostRussia says Western proposals on Ukraine's security are 'one-sided' and dangerous