361 result(s) for fraud
Fewer Foreigners Starting Businesses In Hungary
- 20 Nov 2015 8:00 AM
- business
The number of new companies registered with one or more foreign owners fell from an annual 3,000 in 2009 to 2,200 last year, according to company data provider Opten. Tighter rules aimed at reducing registrations for fraudulent purposes played a part in the lower number.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Bribed Judge Gets 12 Years
- 16 Oct 2015 9:00 AM
- current affairs
The Debrecen Court of Appeals yesterday extended from 10 years to 12 the prison sentence given to a former judge who had been convicted of taking bribes. The judge had accepted payment in exchange for more lenient treatment. The judge was suspended in January 2012, and is now banned for ten years from public affairs and banned for life from working as a judge or lawyer.
Former State Official Sentenced To Years For Sukoro Graft In Hungary
- 1 Oct 2015 9:02 AM
- current affairs
A court sentenced Miklós Tátrai, former head of the state asset management company (MNV), to four years in prison for causing damages to the state in connection with a planned casino investment near the village of Sukoró, next to Lake Velence, in central Hungary. The secondary defendant, Zsolt Császy, a former MNV sales executive, was charged as an accomplice in document fraud and given a ...
Budapest Bank Cards Hacked
- 13 Aug 2015 3:40 AM
- business
Unknown criminals have gained access to the security settings of bankcards issued by state-owned Budapest Bank and have taken money from the accounts of its clients using ATMs abroad, Napi Gazdaság has learnt from victims. One Budapest Bank client received five or six text messages within minutes, each of them stating that Ft 50,000-60,000 had been withdrawn from his account at an ATM in Bali, ...
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
OLAF Confirms Inquiry Into Hungarian Company Elios
- 22 Jul 2015 9:00 AM
- business
The European Anti-Fraud Office (OLAF) yesterday confirmed that it has started an official inquiry into EU-financed public procurement contracts awarded to a company until recently owned in part by Prime Minister Viktor Orbán’s son-in-law István Tiborcz.
Opposition Parties’ Comment On Hungary’s Tax Authority’s Resignation
- 21 Jul 2015 9:00 AM
- current affairs
The Socialists qualified tax authority chief Ildikó Vida’s resignation as “a stage in the mafia war”, and accused ruling Fidesz and Economy Minister Mihály Varga of “having lied all along”. Zoltán Gőgös, the party’s deputy leader, said that the government had tried to “whitewash” Vida, who had been banned from the US under corruption charges.
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Fewer Foreigners Starting Businesses In Hungary
- 20 Nov 2015 8:00 AM
- business
The number of new companies registered with one or more foreign owners fell from an annual 3,000 in 2009 to 2,200 last year, according to company data provider Opten. Tighter rules aimed at reducing registrations for fraudulent purposes played a part in the lower number.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Bribed Judge Gets 12 Years
- 16 Oct 2015 9:00 AM
- current affairs
The Debrecen Court of Appeals yesterday extended from 10 years to 12 the prison sentence given to a former judge who had been convicted of taking bribes. The judge had accepted payment in exchange for more lenient treatment. The judge was suspended in January 2012, and is now banned for ten years from public affairs and banned for life from working as a judge or lawyer.
Former State Official Sentenced To Years For Sukoro Graft In Hungary
- 1 Oct 2015 9:02 AM
- current affairs
A court sentenced Miklós Tátrai, former head of the state asset management company (MNV), to four years in prison for causing damages to the state in connection with a planned casino investment near the village of Sukoró, next to Lake Velence, in central Hungary. The secondary defendant, Zsolt Császy, a former MNV sales executive, was charged as an accomplice in document fraud and given a ...
Budapest Bank Cards Hacked
- 13 Aug 2015 3:40 AM
- business
Unknown criminals have gained access to the security settings of bankcards issued by state-owned Budapest Bank and have taken money from the accounts of its clients using ATMs abroad, Napi Gazdaság has learnt from victims. One Budapest Bank client received five or six text messages within minutes, each of them stating that Ft 50,000-60,000 had been withdrawn from his account at an ATM in Bali, ...
Xpat Opinion: Hungarian Media Scene Is Still In Flux
- 6 Aug 2015 8:58 AM
- business
Although the Hungarian government’s only concern of late seems to be how to keep asylum seekers out of the country, I don’t want to succumb to the same tunnel vision. And so today I’m turning to the state of the Hungarian media. So-called public (közszolgálati) television and radio are by now mere mouthpieces of government propaganda. Magyar Rádió is still, by default, the station that most ...
OLAF Confirms Inquiry Into Hungarian Company Elios
- 22 Jul 2015 9:00 AM
- business
The European Anti-Fraud Office (OLAF) yesterday confirmed that it has started an official inquiry into EU-financed public procurement contracts awarded to a company until recently owned in part by Prime Minister Viktor Orbán’s son-in-law István Tiborcz.
Opposition Parties’ Comment On Hungary’s Tax Authority’s Resignation
- 21 Jul 2015 9:00 AM
- current affairs
The Socialists qualified tax authority chief Ildikó Vida’s resignation as “a stage in the mafia war”, and accused ruling Fidesz and Economy Minister Mihály Varga of “having lied all along”. Zoltán Gőgös, the party’s deputy leader, said that the government had tried to “whitewash” Vida, who had been banned from the US under corruption charges.
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...