The government has switched to bulldozer mode, asset protection may be unconstitutional

Gábor Dióslaki expressed satisfaction over President András Baka's request for a constitutional review of hastily passed amendments aimed at protecting state assets. Concerns were raised about potential changes in majority ownership of stock companies without public offers, risking small investors' interests. The amendments were criticized for lacking clarity and favoring majority stakeholders, undermining minority rights. The President warned that manipulating financial regulations could erode trust in Hungary's financial system. The urgency of the government's asset recovery efforts was highlighted by the bankruptcy of a company linked to significant public funds. The Zugló municipality has filed a claim related to the bankruptcy proceedings of ZVK Development.

Fact-check this story: paste the text or link into Justifact and get a verdict with the sources consulted.