Disgraced Hungarian Broker Kulcsár Sentenced To 6.5 Years In Prison
- 30 Dec 2015 8:00 AM
Attila Kulcsár, the former broker of K&H Equities, on Tuesday received a prison sentence of six years and six months and a fine of 230 million forints (EUR 730,000) for embezzlement and other crimes. The non-final ruling was passed in a re-trial by the Municipal Court of Budapest. Bank executive Tibor E Rejtő and businessman-journalist Tamás Forró were acquitted in the retrial.
Kulcsár was engaged in a multi-year court case into what was seen as one of the biggest party financing scandals in Hungary’s history.
The scandal emerged in 2003, when Kulcsár was charged with embezzlement, money laundering, corruption, possessing stolen goods and serving as an accessory to crimes.
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MTI photo: Koszticsák Szilárd
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