News

0%

Skip to content

Edition of Saturday, November 14, 2026

News
  • Market Updated at 5:30 AM . See all prices
  • BTCUS$ 67,240ETHUS$ 1,905
  • BTC67,240-2.19%, down
  • ETH1,905-1.46%, down
  • SOL75.50-5.52%, down
  • XRP0.9854-4.33%, down
  • BNB616-2.26%, down
  • DOGE0.0628-2.55%, down
  • TRX0.3132+0.74%, up
Macroeconomics

Hungarian Authorities Recover $19.5 Million in Cash

Brasília time 1 min read

Hungarian Authorities Recover $19.5 Million in Cash
Photo: Elekes Andor, CC BY 4.0, Wikimedia Commons

Funds were hidden in forests and warehouses during a probe into a former minister linked to Viktor Orbán.

Hungarian authorities have recovered approximately $19.5 million in cash during an operation targeting a former minister from Viktor Orbán's government. The money was located in various sites including forested areas, agricultural buildings, warehouses, and residential properties.

The National Asset Recovery and Protection Office conducted searches in Budapest and three Hungarian counties. The operation is part of a criminal case against Miklós Seszták, the former Minister of National Development. He is suspected of receiving over $37.2 million in bribes related to state transport and construction contracts.

The total amount seized includes more than 5 billion forints, along with 2.6 million euros and $1.2 million. State Treasury officials used five counting machines to process the volume of banknotes found during eight hours of work.

The new Hungarian government has been using investigative powers to look into the misuse of public funds. Critics point to the fact that corruption was widespread during Orbán's 16 years in administration. Other recent measures include the detention of the former prime minister's younger brother on suspicion of human trafficking and influence peddling.

Spotted an error? Write to suporte@criptoico.com.br.

More from today

Around the same time

Keep reading

More in Macroeconomics

See the section

Privacy preferences

criptoiconews.com.br does not use cookies. What is listed below stays in your browser. Only the anonymous visitor identifier is sent to our server, once a day.

Saved in this browser: nothing.