Brokerage Scandal: Court Dismisses Suit Claiming State Institutions Liable in Brokerage Cases
Brokerage Scandal: Court Dismisses Suit Claiming State Institutions Liable in Brokerage Cases A Budapest court has dismissed a suit by the victims of the so-called brokerage scandals who sought damages from the Hungarian central bank, the state and the State Audit Office. The former clients of Quaestor Értékpapír, Buda-Cash Brókerház and Hungária Értékpapír sought to establish liability on the part of the state and its institutions. The Budapest Metropolitan Court has ordered Csaba Tarsoly, the former head of the scandal-hit brokerage Quaestor, to pay compensation of 11.2 billion for...
Source: hungarytoday.hu