(ANSA) - BUDAPEST - Hungary's government was involved in the
bankruptcy of the financial broker ''Questor'', that burned
through billions of small savers' money.
Prime Minister Viktor Orban, responding to reporters, admitted
that several ministries had entrusted many billions of public
money to the owner and managing director Csaba Tarsoly, oligarch
who's among the government's biggest allies. Orban stated that
he had lomg since ordered to withdraw money, before the
bankruptcy, which happened two weeks ago, but the investment of
public money in brokerage houses is against all laws and
regulations. Therefore, some observers wonder why the
Government, although it was aware of the impending bankruptcy,
has not warned the public and thousands of small investors.
This is what the democratic opposition asks, demanding an
investigation and the premier's resignation. Meanwhile, Mr
Tarsoly, famous tycoon, has been arrested by the police. (ANSA).
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