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Hungarian investigators found $19.5 million in cash buried in forests and hidden in buildings while probing allegations against a former minister

Hungarian investigators found $19.5 million in cash buried in forests and hidden in buildings while probing allegations against a former minister

Hungary's anti-corruption efforts have yielded significant results, uncovering over $19.5 million in cash, stashed away in forests and hidden properties. Former minister Miklós Seszták faces bribery charges tied to the transport sector, while Prime Minister Peter Magyar's initiative seeks to address corruption issues involving the previous administration of Viktor Orbán. The Fidesz party has distanced itself from…

Viktor Orban ruled Hungary as the Prime Minister for 16 years from 2010 to 2026 and was characterised by systemic corruption and crony capitalism. Evidence of the same has been appearing even after his term ended, with a long-awaited celebration in April this year. On Friday, Hungary's anti-corruption agency announced that it had seized cash worth $19.5M buried in forests and hidden elsewhere while investigating an ex-minister from Orbán's cabinet, as per a report by The Guardian.Miklós Seszták, Hungary’s minister of national development between 2014 and 2018, is accused of taking bribes in a scheme involving the state transport company, purchasing secondhand buses at inflated prices. Seszták, two other Orbán-era ministers and the former premier’s brother have been taken into custody in different cases as graft inquiries have gathered pace in recent weeks.The National Asset Recovery and Protection Office (NVVH), an anti-graft body with sweeping powers established as part of present Prime Minister Peter Magyar’s accountability drive, said it searched the capital of Budapest and three Hungarian counties on Thursday and Friday as part of the criminal proceedings against Seszták. The office holds investigative and prosecutorial powers to pursue cases of misused public funds and suspected corruption that Orbán’s critics say was rampant during his 16 years in office.“During the search, investigators found large amounts of cash: buried in forests…

In brief

Viktor Orban ruled Hungary as the Prime Minister for 16 years from 2010 to 2026 and was characterised by systemic corruption and crony capitalism. The office holds investigative and prosecutorial powers to pursue cases of misused public funds and suspected corruption that Orbán’s critics say was rampant during his 16 years in office.“During the search, investigators found large amounts of cash: buried in forests…

This is the opening of the story, shared with credit to The Times of India — World. The rest of the report — with every detail — continues on the publisher’s website.

Continue reading at The Times of India — World ↗

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