Based on Csaba Tarsoly, there was an opportunity for compensation, however the liquidators ransacked Quaestor’s seized properties

The previous firm supervisor accused of a 77-billion-dollar fraud acknowledged that he considers it regrettable that each one of this was not investigated by the prosecutor’s workplace.

“There was an opportunity for a full return on the consumer’s bond funding, as the worth of the corporate’s actual property, together with the Győr ETO complicated, would have greater than coated it. As an alternative, the liquidators disposed of the seized actual property and investments, so well-known entrepreneurs and their corporations did nicely by shopping for them up. It’s unlucky that each one of this was not investigated by the prosecutor’s workplace,” stated a To blink Csaba Tarsoly, who made a press release to the newspaper after the protection speech on the very finish of the prison trial that lasted nearly eight years.

The previous Quaestor chief accused of a 77-billion-dollar fraud emphasised that feedback associated to the lawsuit don’t belong within the press, however within the courtroom. However he acknowledged that it’s a indisputable fact that from the start of the case till February of this 12 months, it was acknowledged within the indictment that there was no likelihood to get well the damages. “This sentence was faraway from the February 20 modification to the indictment, within the opinion of the prosecution, this may have raised the necessity for added proof. This has not been accomplished, which principally impacts my protection, as a result of proving the existence of the property proves the results of our twenty-five years of labor,” he stated.

Csaba Tarsoly listed a number of seized properties, which, in response to him, had been offered to the brand new proprietor at a far cheaper price whereas he was in pre-trial detention for 2 years. He believed that proceedings might even be initiated in these circumstances as a consequence of embezzlement, however some well-known gamers in financial life had been very profitable in buying them.

Csaba Tarsoly acquired two years as a secondary thread within the Quaestor case

The Quaestor scandal broke out in 2015, when the corporate supervisor was detained. Csaba Tarsoly and ten of his companions had been accused of embezzlement and fraud. Based mostly on the indictment, the worth of the offense amounted to about HUF 77 billion. Based on the prosecutor’s workplace, 150 billion HUF of the roughly 210 billion company bond concern distributed by Quaestor Ertékpapír Zrt. was fictitious. The variety of victims reached 32 thousand, many misplaced their financial savings and investments. The victims protested in opposition to Tarsoly a number of occasions.

The Quaestor cash is gone