• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Court rules in fraud case in line with OLAF recommendationCourt rules in fraud case in line with OLAF recommendationCourt rules in fraud case in line with OLAF recommendationCourt rules in fraud case in line with OLAF recommendation
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • Hungarian government continues sacking hundreds of high-ranking military officers

Support us
Daily News Daily News · 21/01/2020
· Business

Court rules in fraud case in line with OLAF recommendation

corruption court EU funding European Anti-Fraud Office's (OLAF) European Union Hungary
Daily News Hungary

Acting on the recommendation of the EU’s anti-corruption office (OLAF), a Hungarian court has found the co-owners of a medical company guilty of fraudulently using European Union and Hungarian budget funds.

The case concerns a bid for funds to purchase medical equipment in 2008 by the co-owners of a medical company claiming to set up a regional diagnostics centre, the Budapest prosecution office said in a statement on Tuesday. But with the involvement of a Slovak firm and an off-shore company in the Seychelles, they defrauded the Hungarian state of 214 million forints (EUR 630,000) by itemising in their tender overpriced diagnostic equipment which was then purchased from a Slovak company for 101 million forints.

A “commission” on the purchase price ended up offshore.

Meanwhile, the equipment was not put into service or used in the region where it was supposed to be installed.

The Metropolitan Court of Appeal sentenced the primary defendant — who had already been found guilty of large-scale budgetary fraud in a separate case — to three years in prison.

The associate was fined 1.2 million forints and has paid 214 million forints back to the state, the statement said.

  • Corruption in Hungary: Bribery charges raised against four in Alstom case

Source: MTI

corruption court EU funding European Anti-Fraud Office's (OLAF) European Union Hungary
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • Slovak foreing minister causes outrage in Hungary
  • Hungarian police contingent travel to Serbia
  • What does the future hold for the Hungarian forint? Analysts answer
  • PHOTOS, VIDEO: Hungarian rescue team in Türkiye already saved many lives and work 24/7
  • What happened today in Hungary? – 8 February, 2023
  • Fuel prices to decrease again in Hungary from Friday
  • Here are the localities where the air quality is deteriorating
  • Hungarian government continues sacking hundreds of high-ranking military officers

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V