Index – National – Buda Castle: Half a billion missing, report has been released



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The new leadership of the local government of the first district presented a report because the dishonest treatment caused a great financial disadvantage, Ferenc Gelencsér announced at a press conference.

As he said, it was recently noted that HUF 500 million is missing from municipal assets. According to Gelencsér, the threads date back to 2013, when the former mayor of Fidesz, Tamás Gábor Nagy, signed a contract with the Széchenyi Bank: he signed HUF 500 million of local government money.

It had the technical capacity to do so, since even this amount the city council could have eliminated it without a commission permit. That is why, according to Gelencsér, the transaction was carried out in secret: neither the Board of Representatives nor the committee involved knew about it, and the transaction was not included in the annual financial statements.

The deputy mayor said that in 2014, when it turned out that the bank had liquidity problems, Tamás Gábor Nagy did not evacuate the money, but instead chose the bank over the district. In support of this, Gelencsér read a previous official letter written by Tamás Gábor Nagy to Minister Mihály Varga, in which he described that the money would not be returned to the district, as it would provoke an avalanche of panic and would shake confidence in the state bank.

We are looking for ex-mayor Tamás Gábor on the matter, as soon as we can get to him we will update the article.

To update:

Tamás Gábor Nagy’s reaction appeared on the Fidesz community page in the first district. Accordingly, since Mayor Márta V. Naszály had been a member of the district council for two terms, she should have known about the HUF 500 million deposit made at the Széchenyi Bank. The Board was also informed about the Municipality’s financial reserves, its commitments, its maturity and the expected interest income when all the financial regulations were amended, adopted and in the final accounts. The situation at the time of the bankruptcy was presented to both the commission and the Board of Representatives, and all possible legal means were used to recover our claim.

According to the response, in accordance with the strict financial and legal regulations of the local government, it requested an offer from 3 banks before making the deposits, in each case the Széchenyi Bank offered the highest interest rate. Every moment of the engagement was reasonable and legal. Previously, the local government did not have any information about the bank’s impending bankruptcy, it was the job of the then CFO to keep daily records of deposits and establish contacts with banks. Unfortunately, the Budavár Municipality was not the only one whose deposit was absorbed by bankruptcy, they added. Finally, it was announced that Márta V. Naszályi, among the first decisions of the current mayor, included the right to decide on financial commitments under the competence of the Commission since 2015 and employed the same former CFO as his adviser, who was responsible for the commitments. from Széchenyi Banking.

As reported, in 2015, the Ministry of National Economy (NGM) apologized for the inconvenience suffered by its bankruptcy Széchenyi Bank.

The state took possession of the bank, which had been operating in a serious irregularity for years, for another 3 billion in 2013, and then removed it from the MNB’s preferential loans to a total of more than 50 billion HUF. Then it fell completely, and at the end of the year his license was also revoked. István Töröcskei, who was also the head of ÁKK, resigned from his post. According to Mihály Varga, Töröcskei did a good job, but they will find a successor.



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