brokerage scandal

03/11/2015

Quaestor brokerage scandal victims protest at parliament

Budapest (MTI) – Around one hundred people, including several opposition politicians, demanded compensation for victims of the Quaestor brokerage scandal near parliament on Monday. Deputy leader […]
02/11/2015

Socialists ask Fidesz to include state cash payment guarantee on failed brokerage

Budapest, November 2 (MTI) – The ruling Fidesz party should back a proposal to write a provision into the law on the failed brokerage Quaestor that […]
05/08/2015

Socialists demand answers from ministry on Quaestor compensation

Budapest, August 5 (MTI) – The Socialists have turned to the economy minister, demanding an explanation for why the company Quaestor Financial Hrurira would be wound […]
25/07/2015

Quaestor clients hold demonstration

Budapest, July 25 (MTI) – Clients of failed brokerage Quaestor held a demonstration in front of the National Bank of Hungary in Budapest’s city centre on […]
10/07/2015

Socialists call on govt to pay out Quaestor compensation

Budapest, July 10 (MTI) – The opposition Socialist party called on the government and the central bank to compensate people who suffered losses from the bankrupted […]
22/06/2015

Jobbik challenges Orban over Quaestor affair

Budapest, June 22 (MTI) – Radical nationalist Jobbik head Gabor Vona asked Prime Minister Viktor Orban if any MPs had withdrawn funds from the Quaestor brokerage […]
14/05/2015

State Audit Office to investigate local councils, cbank over brokerage scandal

Budapest, May 14 (MTI) – The State Audit Office (ASZ) has been asked by the government to investigate local councils implicated in recent brokerage scandals, the […]
21/04/2015

Financial fraud: Police raid home of Kun-Mediator managing director

Police raided the home of the managing director of travel agency Kun-Mediator in Karcag (Eastern Hungary) on Sunday night and seized 800 contracts during the raid, […]
18/04/2015

Brokerage scandal – OTP chief Csanyi mulls turning to top court over Quaestor top-up fund

Budapest (MTI) – Recently approved legislation establishing a top-up fund to compensate clients of failed brokerage Quaestor might not pass the scrutiny of the Constitutional Court, […]
14/04/2015

Brokerage scandal – Parliament approves law on compensation for Quaestor victims

Budapest, April 14 (MTI) – Parliament on Tuesday approved a law on setting up a fund to compensate people who suffered damages because of the bankruptcy […]
14/04/2015

Finding the govermental measures leading to brokerage scandal

The investigating body consists of 7 members – 4 governmental and 3 opposition –, and its president will be Lajos Szűcs (Fidesz). They would examine the […]
12/04/2015

Brokerage scandal – Left-wing, liberal parties hold anti-govt demo

Budapest, April 11 (MTI) – Hundreds of protesters gathered in downtown Budapest on Saturday for a demonstration organised by left-wing and liberal parties in support of […]
11/04/2015

Brokerage scandal – Rogan submits bill on compensating Quaestor brokerage clients

Budapest (MTI) – Head of the ruling Fidesz party’s parliamentary group Antal Rogan submitted on Friday evening a bill to parliament on setting up a fund […]
08/04/2015

LMP launches legal aid for wronged brokerage clients

Budapest, April 8 (MTI) – The green opposition LMP party is launching a legal aid service for clients who suffered losses due to the bankruptcy of […]
03/04/2015

Govt declares two companies of “strategic importance”

Budapest, April 3 (MTI) – The government has declared Gyori Eto FC Kft and ETO PARK Kft, companies currently under bankruptcy protection, of “elevated strategic importance”, […]
03/04/2015

Brokerage scandal – Socialists to file complaint for abuse of public funds by ministry

Budapest, April 2 (MTI) – The opposition Socialists will file a complaint against the foreign ministry over its handling of funds in connection with the bankrupted […]
02/04/2015

Brokerage scandal – Authorities seize assets of 160 bn forints in Quaestor affair

Budapest (MTI) – So far, a total 160 billion forints worth of assets have been seized in connection with the bankruptcy of the Quaestor brokerage firm, […]
01/04/2015

Brokerage scandal – Socialists ask Ader not to sign brokerage asset-seizure law

Budapest, April 1 (MTI) – The opposition Socialists asked President Janos Ader on Wednesday to withhold his signature from the law on seizing the assets of […]
31/03/2015

Lawmakers pass law to freeze assets at scandal-ridden firms

Budapest, March 31 (MTI) – Lawmakers on Tuesday approved a motion which will allow the assets of companies and their executives linked to the recent brokerage […]
30/03/2015

Brokerage scandal – Quaestor owner reported problems to Orban, central bank on same date

Budapest (MTI) – Csaba Tarsoly, the owner of brokerage firm Quaestor, reported the problems at his firm to Prime Minister Viktor Orban in a letter on […]