Shady Dealings? - Part of Iconic Budapest Hotel Gellert Sold Below Market Price

  • 1 Nov 2024 7:13 AM
Shady Dealings? - Part of Iconic Budapest Hotel Gellert Sold Below Market Price
Peter Magyar, the leader of the opposition Tisza Party, has slammed deputies of the leftist Democratic Coalition (DK) and ruling Fidesz in the Budapest municipal assembly for "voting together with the mayor [Gergely Karacsony] to sell a part of Hotel Gellert below the market price to Istvan Tiborcz's circles".

DK and Fidesz also voted down a proposal to change the assembly's rules of operation under which "the mayor would have lost his unlimited power in the assembly," Magyar said.

DK and Fidesz "do not want" deputies to control the selection of the heads of large municipal companies; neither do they want those officials to have a reporting obligation to deputies, Magyar insisted. "Surely they want to continue in the shady dealings they have shared," he said.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

You're very welcome to comment, discuss and enjoy more stories via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary

You can subscribe to our newsletter here: XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.

Related links

Orbán’s Daughter: New Mandarin Oriental in Budapest to Lure Wealthy Asians

  • How does this content make you feel?

Explore More Reports