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Socialists: Govt bought Athletics Championships plot from bankrupt Quaestor 'at a steal'

December 4th, 2019

The opposition Socialist Party accused the government on Wednesday of purchasing a plot of land in Budapest at well below market price from a now-bankrupt brokerage, Quaestor. Quaestor went bankrupt in 2015, leaving tens of thousands of small investors with massive losses. Laszlo Szakacs, the party's deputy leader, told a press conference that the Fidesz government had "reimbursed" a favoured few troubled Quaestor clients by buying the plot "at a steal" one-fifth of its market value with a view to building a stadium for the 2023 World Athletics Championships.


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