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Offshore Leaks Database

Data from
Paradise Papers - The Power Players
Former chancellor, Austria (2007-2008)

Alfred Gusenbauer

Related to

Austria Malta


Alfred Gusenbauer was Austria’s chancellor from January 2007 to December 2008 and headed the Social Democratic Party of Austria from 2000 to 2008.

In the data

Gusenbauer is one of the directors and legal representatives of Novia Management Ltd., a company registered in Malta in 2014, along with fellow Austrian Herbert Stepic, the former chief of Raiffeisen Bank International who resigned after his offshore deals were made public by ICIJ and its partners in 2013.

Novia Management is a shareholder of Novia Funds Sicav Plc, a Maltese company that lists among its shareholders Gusenbauer’s former campaign adviser Tal Silberstein, an Israeli entrepreneur who was arrested in August 2017, along with diamond magnate Beny Steinmetz, on charges of money laundering and then released. The companies are registered as investment services and, according to Austrian and Serbian news outlets, have pursued business opportunities in the casino and lottery industry in Austria and neighboring countries.


Gusenbauer said that Novia was a “closed-end investment fund” designed to become the first sector-specific gaming fund managed by industry experts, and he acted as a non-executive board member.

The Fund was incorporated in Malta because it is a very well-known international gaming licensing center, he said. Asked whether he will continue to hold shares in the companies along with Silberstein, he respondend that since both companies are “under a liquidation process and are non-active for almost two years, there is no relevancy to the questions of future shareholding.”

This visualization contains relevant information in relation to the profiled individual. Some additional connections might show up once we release the full structured data connected to the Paradise Papers investigation in the coming weeks.