Authorities Probe 900 Companies With Ties To Hungary Revealed In Panama Papers
- 28 Jun 2016 9:00 AM
Hungary’s National Investigation Office has scrutinised almost 900 offshore companies with ties to Hungary revealed in the leaked Panama Papers, daily Magyar Idők said. The office is working with national tax authority NAV as well as with the public procurement authority and the secret services on the matter, the national police headquarters told the paper.
The authorities are working on an investigation of the Alstom affair at the same time, the paper said. Britain’s Serious Fraud
Office recently charged the UK head of Alstom with corruption and conspiracy in connection with train contracts for the Budapest metro.
Alstom signed a contract to deliver 44 trains for two of the capital’s metro lines ten years ago, after winning a tender with a bid of 247 million euros.
Republished with permission of Hungary Matters, MTI’s daily newsletter.
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