Daily News | Apr 23, 2019 | 0
Another suspect arrested in Czeglédy graft case
Another suspect has been arrested in the large-scale budgetary fraud case associated with Csaba Czeglédy, a municipal representative of the leftist opposition, a spokesman for the Csongrád County Chief Prosecutor’s Office said on Thursday.
Suspects related to the Czeglédy case are believed to have operated a network of businesses and brokered student workers to multinational companies in Hungary. They are suspected of setting up sham school cooperatives to avoid related taxes, causing damage to the central budget of 3.3 billion forints (EUR 10.8m) between 2013 and 2016.
The man arrested on Thursday headed one such school cooperative in Bodajk (W Hungary) and is suspected of having defrauded the state of some 181 million forints.
Last month, Hungarian authorities seized a 1kg bar of gold bullion estimated to be worth 10 million forints from an Austrian bank as part of the investigation into Czeglédy, who was taken into custody in June.