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🇭🇺 Hungary /Economy & Trade

István Kapitány to file complaint over Waberer’s MFB financing

From Magyar Nemzet · () Hungarian

Translated from Hungarian and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Under investigation
  • István Kapitány said the ministry will file a criminal complaint against an unknown suspect over the Waberer’s financing by the Hungarian Development Bank.
  • The investigation will examine whether earlier decisions by state financial institutions violated the law and caused financial damage to the state.
  • The ministry will hand over its documents and cooperate fully with authorities, Kapitány said.

István Kapitány will file a criminal complaint against an unknown suspect over the Hungarian Development Bank’s financing of Waberer’s, according to the Ministry of Economic and Energy Affairs.

The investigation aims to determine whether earlier decisions by state financial institutions involved violations that could lead to criminal liability. Authorities must also establish the size of any financial loss and identify who could be held responsible if a crime occurred.

State assets are not private assets.

· István KapitányHe argued that suspected harm to state property must have consequences.

Kapitány emphasized that the ministry does not decide criminal responsibility. It will provide authorities with the documents in its possession and cooperate fully during the criminal proceedings.

He said decisions that raise suspicions of damage to the state cannot go without consequences because state assets must be protected. “State assets are not private assets,” Kapitány said, adding that public money should not finance privileges or people who receive political privileges.

Public money is not used to finance privileges and politically privileged people.

· István KapitányHe described his position on the use of public funds.
About this summary

Originally published by Magyar Nemzet in Hungarian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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