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Austrian right wing politician jailed in bank scam plan

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Austrian right wing politician jailed in bank scam plan

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A former regional head of Austria’s conservative People’s Party has been sentenced to five and half years in jail.

Josef Martinz and three others were convicted in a breach of trust case that centred on a scam to milk money from the sale of the state bank Hypo Alpe Adria.

In June Austria introduced a law to tighten up rules on politicians’ finances.