(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).