63 result(s) for money laundering
Data Protection Authority: NGO Transparency Bill Should Be Broadened
- 20 Apr 2017 8:00 AM
- current affairs
Legislation on the transparency of NGOs should be broadened to include political parties benefiting from foreign funding, organisations receiving business donations and bodies which obtain government financial support, Hungary’s National Authority for Data Protection and Freedom of Information (NAIH) said.
Russians Caught Laundering Money In Hungary
- 23 Mar 2017 8:42 AM
- current affairs
Hungary is involved in the so-called 'Laundromat' case, in which USD 22 billion of Russian money has been laundered through transfers within Europe, it was revealed this Tuesday by the international Organized Crime and Corruption Reporting Project.
Opinion: American-Hungarian Spy-Thriller Around A Saudi Businessman
- 8 Dec 2016 6:35 AM
- current affairs
Two left-wing analysts disagree on whether the scandal of the residence permit granted to Ghaith Pharaon, a Saudi citizen on Interpol’s wanted list, is part of an immoral business game or an episode in a wider plot against the Hungarian government.
Xpat Opinion: National Bank President Still Under Fire
- 29 Apr 2016 9:00 AM
- current affairs
As the debate over the management of the funds of the National Bank (MNB) rolls on, passionate articles abound both in condemnation and in defence of its President.
Court Rules For Transfer Of Hungarians Arrested In Prostitution Sting To France
- 24 Mar 2016 8:00 AM
- current affairs
A Budapest court ruled for the pre-trial detention and transfer to French authorities of ten out of the 12 Hungarian nationals suspected of trafficking Hungarian women to work as prostitutes in France. The French authorities put out a European arrest warrant for the 12 men who were taken into custody in Hungary on Monday in a raid coordinated with Hungarian police, the court said in a statement.
Disgraced Hungarian Broker Kulcsár Sentenced To 6.5 Years In Prison
- 30 Dec 2015 8:00 AM
- current affairs
Attila Kulcsár, the former broker of K&H Equities, on Tuesday received a prison sentence of six years and six months and a fine of 230 million forints (EUR 730,000) for embezzlement and other crimes. The non-final ruling was passed in a re-trial by the Municipal Court of Budapest. Bank executive Tibor E Rejtő and businessman-journalist Tamás Forró were acquitted in the retrial.
Jobbik Demands Release Of Loan Contracts For Hungary’s TV2 Purchase
- 29 Dec 2015 8:00 AM
- business
The radical nationalist Jobbik party has demanded the public release of loan contracts state banks signed with government commissioner Andrew G Vajna’s company in connection with his bid to buy the TV2 media group.Lawmaker Előd Novák noted that press reports have said that apart from Eximbank’s 6.7 billion forint (EUR 21.3m) loan transferred to Vajna’s company, stateowned MKB had also lent ...
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Jobbik Calls On Hungarian MPs To Volunteer
- 11 Aug 2015 9:00 AM
- current affairs
The radical nationalist Jobbik party has called on all Hungarian lawmakers to do volunteer work on a regular basis. Jobbik MPs will do one day of volunteer work each month in order to "learn about the problems of everyday people," lawmaker Előd Novák told a press conference. Novak said his Jobbik colleagues regularly take up work in schools, senior centres or even work as civil guards. The party ...
Data Protection Authority: NGO Transparency Bill Should Be Broadened
- 20 Apr 2017 8:00 AM
- current affairs
Legislation on the transparency of NGOs should be broadened to include political parties benefiting from foreign funding, organisations receiving business donations and bodies which obtain government financial support, Hungary’s National Authority for Data Protection and Freedom of Information (NAIH) said.
Russians Caught Laundering Money In Hungary
- 23 Mar 2017 8:42 AM
- current affairs
Hungary is involved in the so-called 'Laundromat' case, in which USD 22 billion of Russian money has been laundered through transfers within Europe, it was revealed this Tuesday by the international Organized Crime and Corruption Reporting Project.
Opinion: American-Hungarian Spy-Thriller Around A Saudi Businessman
- 8 Dec 2016 6:35 AM
- current affairs
Two left-wing analysts disagree on whether the scandal of the residence permit granted to Ghaith Pharaon, a Saudi citizen on Interpol’s wanted list, is part of an immoral business game or an episode in a wider plot against the Hungarian government.
Xpat Opinion: National Bank President Still Under Fire
- 29 Apr 2016 9:00 AM
- current affairs
As the debate over the management of the funds of the National Bank (MNB) rolls on, passionate articles abound both in condemnation and in defence of its President.
Court Rules For Transfer Of Hungarians Arrested In Prostitution Sting To France
- 24 Mar 2016 8:00 AM
- current affairs
A Budapest court ruled for the pre-trial detention and transfer to French authorities of ten out of the 12 Hungarian nationals suspected of trafficking Hungarian women to work as prostitutes in France. The French authorities put out a European arrest warrant for the 12 men who were taken into custody in Hungary on Monday in a raid coordinated with Hungarian police, the court said in a statement.
Disgraced Hungarian Broker Kulcsár Sentenced To 6.5 Years In Prison
- 30 Dec 2015 8:00 AM
- current affairs
Attila Kulcsár, the former broker of K&H Equities, on Tuesday received a prison sentence of six years and six months and a fine of 230 million forints (EUR 730,000) for embezzlement and other crimes. The non-final ruling was passed in a re-trial by the Municipal Court of Budapest. Bank executive Tibor E Rejtő and businessman-journalist Tamás Forró were acquitted in the retrial.
Jobbik Demands Release Of Loan Contracts For Hungary’s TV2 Purchase
- 29 Dec 2015 8:00 AM
- business
The radical nationalist Jobbik party has demanded the public release of loan contracts state banks signed with government commissioner Andrew G Vajna’s company in connection with his bid to buy the TV2 media group.Lawmaker Előd Novák noted that press reports have said that apart from Eximbank’s 6.7 billion forint (EUR 21.3m) loan transferred to Vajna’s company, stateowned MKB had also lent ...
Hungarian Tax Authority Uncovers Intl Money Laundering, Cigarette Smuggling Operation
- 13 Oct 2015 5:34 AM
- business
Hungary’s tax and customs authority (NAV) said on Tuesday that it is investigating an international money laundering and cigarette smuggling operation, and it has so far apprehended 33 suspects. Vietnamese and Egyptian nationals based in Budapest are suspected of directing the transfer of euros acquired in crimes committed in Europe first to Hungary and then to Slovakia.
Jobbik Calls On Hungarian MPs To Volunteer
- 11 Aug 2015 9:00 AM
- current affairs
The radical nationalist Jobbik party has called on all Hungarian lawmakers to do volunteer work on a regular basis. Jobbik MPs will do one day of volunteer work each month in order to "learn about the problems of everyday people," lawmaker Előd Novák told a press conference. Novak said his Jobbik colleagues regularly take up work in schools, senior centres or even work as civil guards. The party ...