They Took Dividends, Even Though They Were Racing Towards Bankruptcy, Now a Complaint Has Been Filed Regarding the Egyptian Railway Contract
7 Articles
7 Articles
The Ministry of Transport and Investment is filing a complaint on suspicion of bankruptcy due to the previous dividend payments of the Dunakeszi Vehicle Repair Company, as revealed in Dávid Vitézy's post. The minister writes that "the Dunakeszi Vehicle Repair Company was privatized by the Fidesz government to the Russians, and then after the outbreak of the war, businessmen close to the previous government took over as owners". This is where the…
According to the investigation by the newly-led state liquidator, the owners withdrew tens of millions of euros in dividends when they already knew that the companies were in a difficult situation.
A complaint has been filed against three Hungarian railway companies on suspicion of bankruptcy, which, although their operations were rendered impossible, paid significant dividends.
Ten billion forint dividend, insolvency – here is the latest complaint - About ten billion forints in dividends were taken from the Magyar Vagon group.
Even when close to bankruptcy, companies close to NER could decide to pay dividends.
The interests of businessmen belonging to the ownership circles (Zsolt Hernádi, András Tombor) withdrew tens of millions of euros from the companies, even though the problems related to the fulfillment of the contract were already known.
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