Hungary seizes $19.5m in cash found buried in forests amid graft inquiry
Summary
Hungary’s National Asset Recovery and Protection Office said it seized cash worth about $19.5 million during searches connected to a criminal investigation of former development minister Miklós Seszták. Seszták is accused of accepting bribes in a scheme involving inflated prices for secondhand buses purchased by the state transport company.Key Facts
- The searches took place on Thursday and Friday at multiple locations.
- Investigators found cash buried in forests and hidden in agricultural, warehouse, and residential properties, as well as in safes.
- The seized cash included 5,071,632,000 forints, €2,658,350, and US$1,257,100.
- The anti-corruption office said the money was deposited into the Hungarian State Treasury’s account.
- Seszták served as Hungary’s minister of national development from 2014 to 2018.
- Hungary’s prime minister, Péter Magyar, won an election in April after pledging to investigate alleged corruption during Viktor Orbán’s rule.
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