Police said on Tuesday that, based on information from the tax authority NAV’s special unit, an investigation has been launched because of misappropriation and money laundering “against an unknown perpetrator.”
“These proceedings include a probe into issues related to the events organising group of companies, which was revealed by the managing director himself in the press,” police said, referring to an interview that Balasy gave to news site Kontroll late on Monday.
“During the investigation, funds have been seized, and accounts have been frozen,” police added.
Police said they also launched a separate investigation into the same group of companies “with relation to overpriced contracts on suspicion of misappropriation of funds against an unknown perpetrator.”
Transparency International has said that in the 2019-2021 period alone, Balasy’s companies, Lounge Design, New Land Media and Media Dynamics won a total of 295 billion forints ($960.38 million) worth of state contracts, mostly from the National Communications Office, which was in charge of Orban’s campaigns and was key to winning past elections.
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