30 result(s) for suspect in Business
Hungary’s Tax Authority NAV Closing Grain VAT Fraud Inquiry
- 20 Jan 2016 8:00 AM
- business
The tax authority NAV will soon complete its investigation into the estimated Ft 18 billion sunflower and rapeseed VAT fraud, in which foreign companies were involved, Magyar Idõk writes. Reports indicate that a group of criminals shipped nearly 400,000 tons of sunflower seeds and rapeseed between Hungary and Slovakia in 2009-12, mostly on paper only, in a tax avoidance scam. The Slovak state has ...
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 NGOs Welcome End Of Tax Probe Over Norway Grants
- 21 Oct 2015 9:00 AM
- business
Ökotárs has said that it welcomes the cessation of a probe by Hungary’s tax office (NAV) into the operations of the foundation and 17 other NGOs in connection with funding they received from the Norway Civil Grant. It has become clear that Ökotárs and the other organisations acted legally and their documentation was in order while they complied with supervision requirements, the foundation told ...
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.
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Hungarian Tax Police Uncover HUF 3bn Tax Dodge
- 26 Jan 2015 4:00 AM
- business
Hungarian tax police have uncovered a crime ring operating through a network of Hungarian and Slovak companies, and the tax office (NAV) is demanding repayment of unlawfully claimed refunds of almost 3 billion forints (EUR 9.7m) in value-added tax, NAV said. Altogether 12 suspects have been taken into custody.
VAT Fraud Found At CBA Suppliers
- 23 Dec 2014 8:00 AM
- business
Tax officials raided Budapest meat wholesalers in early December, after employing covert information-gathering techniques and questioning 33 suspects, Népszabadság writes. The Tax Office announced last Friday that up to Ft 5 billion in VAT fraud is suspected.
Hungary’s Tax Authority NAV Closing Grain VAT Fraud Inquiry
- 20 Jan 2016 8:00 AM
- business
The tax authority NAV will soon complete its investigation into the estimated Ft 18 billion sunflower and rapeseed VAT fraud, in which foreign companies were involved, Magyar Idõk writes. Reports indicate that a group of criminals shipped nearly 400,000 tons of sunflower seeds and rapeseed between Hungary and Slovakia in 2009-12, mostly on paper only, in a tax avoidance scam. The Slovak state has ...
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 NGOs Welcome End Of Tax Probe Over Norway Grants
- 21 Oct 2015 9:00 AM
- business
Ökotárs has said that it welcomes the cessation of a probe by Hungary’s tax office (NAV) into the operations of the foundation and 17 other NGOs in connection with funding they received from the Norway Civil Grant. It has become clear that Ökotárs and the other organisations acted legally and their documentation was in order while they complied with supervision requirements, the foundation told ...
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.
Tax Office Clamps Down On 3-Billion - Forint Vat Fraud Ring
- 20 May 2015 9:00 AM
- business
The tax office NAV has clamped down on a crime organisation suspected of a 3 billion forint (EUR 9.8m) fraud from reclaiming valueadded- tax (VAT) based in Debrecen, in eastern Hungary, NAV’s local office said. The investigation was closed on May 11 after a full year of gathering evidence, head of NAV’s regional office Tibor Lengyel said.
Investigation On Suspicion Of Embezzlement In Buda-Cash Case In Hungary
- 2 Mar 2015 8:00 AM
- business
An investigation of an unknown perpetrator suspected of embezzling funds has been launched in the case of Buda-Cash, a lawyer for the brokerage’s chief executive said on commercial television.
NBH Suspends Operating Licence Of Buda-Cash Bróker Ház
- 25 Feb 2015 8:00 AM
- business
The National Bank of Hungary (NBH) as a supervisory authority has suspended with immediate effect the operating licence of brokerage firm Buda-Cash Brókerház and appointed supervisory commissioners because of suspicious cases that have come to its knowledge, the NBH said, adding that it had also filed a criminal complaint with police over the matter.
Hungarian Tax Police Uncover HUF 3bn Tax Dodge
- 26 Jan 2015 4:00 AM
- business
Hungarian tax police have uncovered a crime ring operating through a network of Hungarian and Slovak companies, and the tax office (NAV) is demanding repayment of unlawfully claimed refunds of almost 3 billion forints (EUR 9.7m) in value-added tax, NAV said. Altogether 12 suspects have been taken into custody.
VAT Fraud Found At CBA Suppliers
- 23 Dec 2014 8:00 AM
- business
Tax officials raided Budapest meat wholesalers in early December, after employing covert information-gathering techniques and questioning 33 suspects, Népszabadság writes. The Tax Office announced last Friday that up to Ft 5 billion in VAT fraud is suspected.