Majority state-owned Garantiqua Credit Guarantee Plc. had agreed on providing a 135 million forint on-demand guarantee on a loan for the company, now under liquidation due to 90 million HUF in overdue tax arrears. Garantiqua refuses to share whether taxpayers will have to cover Top Hygiene’s insolvency, citing banking secrecy. The post Traces of another state subsidy over a hundred million HUF lead to the largest ‘invoice factory’ of recent years first appeared on 24.hu.