Prosecutor: HUF 160 bln in Quaestor assets seized
A total of HUF 160 bln in assets has been seized so far in the Quaestor brokerage case, Budapestʼs chief prosecutor Tibor Ibolya told commercial station Klub Rádio yesterday.
According to Ibolya, the assets include current accounts, securities, stakes in companies, real estate and moveable assets.
"Weʼre working efficiently, but this wonʼt make it a short process," the prosecutor noted.
The National Bank of Hungary suspended Quaestor’s operating license on March 6 due to irregularities. According to news reports, a few hours before the brokerage went into bankruptcy, MNKH withdrew all state money from the brokerage.
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