September 23rd, 2009

Questions raised over Hungarian state’s sale of Moscow building

The Hungarian state sold the building which housed the 17,000m2 trade complex in central Moscow in 2005 at a fraction of the market price, it emerged at a meeting of Parliament’s foreign affairs committee on Tuesday.

Diamond Air, a company registered in Luxembourg, bought the property for Ft 3.5 billion, less than Ft 210,000 per square metre, according to Magyar Hírlap. The sum was transferred to the state asset manager MNV in March 2008.

Officials from the Foreign Ministry and the State Audit Office divulged practically nothing of the details of the sale. Richter and Egis had applied to buy the building but both were excluded from the bidders.

Ministry undersecretary Jenő Faller informed the Audit Office that it was the expectation of the Russian secret service that the property would not be sold to a Hungarian company.

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  1. Expat Hun says:

    More Hungarian mumbo-jumbo.

    I had an office in that Moscow complex in the early 1990s, and I stayed at the hotel guest-house which is attached to it. So did Henry Kissinger whenever he came to Moscow.

    The whole complex was manned by rather unsavory, shady characters. One scandal was that the Trade Missions’s local bank was taking in good US dollar bills and frequently passed back out forged ones. Lot of Hunagrian biznicmen and others got stuck with them.

    The complex is huge, like a small city, with its own garages and little park, and adjacent to one of Moscow’s largest movie theater palaces, the Moscow Zoo, and you could see from the restaurant the US Embassy and the Russian Parliament and the Kremlin situated nearby.

    Whatever they sold it for, the ones doing the transaction had probably collected at least the sale price in bribes!!

    BTW, my Russian friends and business acquaintances were frequently complaining to me that the HUNGARIAN BIZNICMEN THEY HAD TO DEAL WITH IN MOSCOW WERE ALL TOO CORRUPT!!!

  2. hnetfn says:

    now the comie jews are selling assets in foriegn countries and keeping the money god damn commie jew bastards