US EditionHungary's Central Bank Files Police Report over Renovation of Headquarters
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10 Articles
Hungary's central bank files police report over renovation of headquarters
BUDAPEST - Hungary’s central bank has filed a police report over the renovation of its headquarters, citing suspected fraud, negligence and other wrongdoing that it says caused financial harm, the bank said on Thursday. Read more at straitstimes.com.
The MNB's real estate company is no longer waiting for repairs, it has called in the multi-billion-dollar bank guarantee that Bálint Somlai's Raw Development Kft. had contracted for the construction. There are many problems with the headquarters, and the construction has become one and a half times more expensive along the way.
The Hungarian National Bank (MNB) has filed a complaint on suspicion of mismanagement, negligent management, fraud and abuse of office in connection with the renovation of its Szabadság tér headquarters, the central bank told MTI on Thursday.
The Hungarian National Bank has filed a complaint over suspected criminal activity related to the renovation of its Szabadság tér headquarters. The move was based on a comprehensive expert report, which also found financial losses.
The work was carried out by a company belonging to a friend of the son of former central bank governor György Matolcsy.
The central bank has filed a complaint with the court on suspicion of mismanagement, fraud and abuse of office. The Hungarian National Bank (MNB) filed a complaint in connection with the renovation of its Szabadság tér headquarters ... ...
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