Beva waits for expert opinion despite MNBʼs stance

Parliament

The Investor Protection Fund (Beva) acknowledges the National Bank of Hungaryʼs (MNB) stand on compensating holders of "fictitious Quaestor bonds", however it would wait to take action until external legal experts deliver an opinion, Beva’s managing director Péter Farkas told Hungarian news agency MTI today.

MNB deputy governor László Windisch yesterday said it would launch, in association with Beva, the compensation of investors who subscribed "fictitious bonds" issued by a member of the Quaestor group.

Fidesz caucus leader Antal Rogán said earlier that Beva should also offer compensation to investors for corporate bonds.

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