Hungarian authorities uncover $20m during probe of Orbán-era minister
Summary
Hungarian authorities said they found cash worth about $19.5 million in farm buildings, homes, warehouses and forests during an investigation involving former development minister Miklós Seszták. Seszták faces accusations of accepting bribes linked to the state transport company and denies wrongdoing; authorities deposited the seized money in the national treasury.Key Facts
- The recovered cash totaled 5,071,632,000 forints, €2,658,350 and $1,257,100, with a combined value of about $19.5 million.
- Investigators found cash in safes and in hidden locations, including buried in woodlands.
- The investigation concerns Miklós Seszták, who served as Hungary’s minister of national development for four years during Viktor Orbán’s time as prime minister.
- Authorities accuse Seszták of accepting bribes in a scheme involving the state transport company; he denies wrongdoing.
- Hungary’s National Asset Recovery and Protection Office said the money had been deposited into the Hungarian State Treasury.
- Prime Minister Péter Magyar took office after defeating Orbán in an April election and has pledged an anti-corruption campaign.
- Seszták and another former minister, along with former central bank chief György Matolcsy, have been under arrest since September in separate graft investigations; all deny wrongdoing.
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