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, Budapest始s chief prosecutor Tibor Ibolya told commercial station Klub R谩dio yesterday.
According to Ibolya, the assets include current accounts, securities, stakes in companies, real estate and moveable assets.
"We始re working efficiently, but this won始t make it a short process," the prosecutor noted.
The National Bank of Hungary suspended Quaestor鈥檚 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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