Politics1 min read

Hungary seizes $19.5m in cash found buried in forests amid graft inquiry

By · Via The Guardian · Published by Everything Blog

In short

The National Asset Recovery and Protection Office recovered the illicit funds in a mix of Hungarian forints, euros, and U.S. dollars before transferring them to the Hungarian State Treasury. Investigators targeted Miklós Seszták over allegations that he accepted bribes in connection with purchasing secondhand buses for the state transport network at inflated costs. The operation is part of an expanding anti-corruption campaign launched by Prime Minister Péter Magyar following his election victory in April. The accelerating inquiry has also resulted in the detentions of two additional former ministers and Viktor Orbán's brother across separate cases.

Key points

  • Prime Minister Péter Magyar initiated the aggressive anti-corruption campaign after winni…: Prime Minister Péter Magyar initiated the aggressive anti-corruption campaign after winning an election that ended Viktor Orbán's 16-year rule.
  • The accelerating graft investigations have led to custody orders for three former Orbán-e…: The accelerating graft investigations have led to custody orders for three former Orbán-era ministers and Orbán's brother in separate cases.
  • Viktor Orbán has previously dismissed the ongoing corruption inquiries into his inner cir…: Viktor Orbán has previously dismissed the ongoing corruption inquiries into his inner circle and former allies as politically motivated persecution.

Sources checked by our analysis pipeline: 1

Hungary’s anti-corruption agency said on Friday it had seized cash worth $19.5m (£14.8m) buried in forests and hidden elsewhere while investigating an ex-minister of nationalist former leader Viktor Orbán.

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.

The prime minister, Péter Magyar, won a landslide election victory in April, ending Orbán’s 16 years in power after promising to investigate alleged corruption and abuse of office during his rival’s rule.

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 Magyar’s accountability drive, said it searched multiple locations on Thursday and Friday as part of the criminal proceedings against Seszták.

“During the search, investigators found large amounts of cash: buried in forests, hidden in agricultural and warehouse buildings as well as residential properties, and…

Politics