Perel is the capital if the territories of District V are nationalized

According to the press release, all three areas are currently owned by the Metropolitan Municipality, but may become state-owned from August, without any financial compensation. According to the concept, which also raises constitutional issues, it would give the mentioned public areas to the free management of the property of the 5th district local government through the Magyar Nemzeti Vagyonkezelő Zrt.

Mayor Gergely Christmas on the news reacting on the community page asked the question:

Why? Because District V is so damn good at managing public property? Do you want to serve the hotel development of István Tiborcz’s business partner in Széchenyi Square? Or pump the vendors in Vörösmarty Square? Or do they simply want to show that they can do anything and not even the right to property will deter them from doing so? Still, what’s next? Whose property will be taken next?

If the law is actually submitted and passed, the capital will sue, the mayor said.

Mentioning the management of District V, Gergely Karácsony could refer to the fact that between the end of 2016 and 2020, György Schadl, the arrested chairman of the Hungarian Judicial Enforcement Faculty, bought several properties, nine of them from municipal property.

These include properties in District V. To explore the circumstances of the purchases, the capital set up a committee of inquiry. The board put its report on the table of the capital in April, which shows that it may have suffered billions in property losses in the V and VII. district government.

(Cover image: Frigyes Podmaniczky Square in the 5th district on October 3, 2019. Photo: Zsolt Szigetváry / MTI)

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