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Court acquits officials of charges over 2008 real estate resale

Court acquits officials of charges over 2008 real estate resale

Budapest, November 25 (MTI) – A Budapest court has acquitted a former Moscow ambassador and six other defendants of charges of misappropriation, accessory to a crime and forgery in a real estate case.

Wednesday’s ruling is appealable.

According to the indictment, Arpad Szekely, ambassador at the time, had signed contracts of the sale of a property in 2008 without his superiors knowing. The other accused were trying to cover up his acts.

The Hungarian state had sold the property in question for 23.7 million dollars but the buyer soon resold it for 100 million dollars. The prosecution said the Hungarian state suffered billions of forints in losses from the deal. The defendants all pleaded not guilty to the charges.

Fina Aristic

The radical nationalist Jobbik party said after the ruling that Fidesz had “sided with the people of the corrupt Gyurcsany government” when during its governance the corrupt officials are acquitted.

Source: http://mtva.hu/hu/hungary-matters

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