Post Tagged with: "MKB Bank"

Mr. Orbán and President Aliyev sign a strategic partnership in Budapest in 2014. Photo: MTI.

Hungary appears to have sold Azeri axe murderer for $7 million

Documents uncovered this week suggest that the Orbán government’s motivation for handing back to Azerbaijan Ramil Safarov, the Azeri axe murder convicted of killing an Armenian army lieutenant in Hungary, may have been financial gain. In 2012, Hungary earned global scorn for transferring the murderer to a country where he was welcomed as a hero. Here in Ottawa, Canada, the […]

by · September 6, 2017 · Focus
Lőrinc Mészáros (left) with Prime Minister Viktor Orbán. Photo: HVG

Fidesz politician buys 49% share in MKB Bank

Fidesz politician Lőrinc Mészáros, a plumber by trade and the mayor of Prime Minister Viktor Orbán’s tiny home town of Felcsút, has acquired a 49% share in Hungary’s MKB Bank–the fourth largest commercial financial institution in the country. Mr. Mészáros’ company, the Konzum Befektetési Alapkezelő, bought 45% of the bank’s shares and approval is imminent to acquire an additional 4%. […]

by · June 1, 2017 · Politics