• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Criminal proceedings under way in cases referred by OLAFCriminal proceedings under way in cases referred by OLAFCriminal proceedings under way in cases referred by OLAFCriminal proceedings under way in cases referred by OLAF
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • NATO will kick out Hungary for sacking ‘NATO friend officers’ from the Hungarian military?

Support us
Daily News Daily News · 24/10/2016
· Business

Criminal proceedings under way in cases referred by OLAF

European Anti-Fraud Office's (OLAF) tax/VAT
Daily News Hungary

Budapest, October 24 (MTI) – Criminal investigations are under way in 24 cases referred by the EU’s anti-fraud office OLAF to the Budapest prosecutor’s office. Most of the cases since since 2012 refer to tax fraud and embezzlement of state and EU funds, a spokesman for the prosecutor’s office said on Monday.

Géza Fazekas said the authority brought charges on Monday against two company directors who won 178 million forints (EUR 578,000) in a tender involving state and EU funding for upgrading forestry equipment on the north of Lake Balaton in western Hungary. An investigation by OLAF however revealed that the company had invested a much lower amount in the project and submitted false invoices, Fazekas told MTI.

In January the prosecution had already pressed charges in another case referred by OLAF involving 110 million forints in central funds won by a 49-year-old man for a project aimed at upgrading a “hydrotherapy treadmill” for dogs which never got off the drawing board, Fazekas noted. The suspect had submitted fictitious invoices with the involvement of two accomplices.

Another OLAF referral, in 2012, concerns the abuse of funds in connection with a project of printing machines, Fazekas noted. In this case charges were brought against two suspects in 2014 and a non-binding ruling handed down by a lower court in April 2016. The primary suspect was sentenced to a year in prison suspended for two years, while the accomplice was fined, he said.

Fazekas noted that Chief Prosecutor Péter Polt had met OLAF’s director general in Budapest in June last year. Giovanni Kessler presented final reports on OLAF’s investigations into several major cases. The sides deemed the cooperation of the two authorities excellent, Fazekas said.

Source: MTI

European Anti-Fraud Office's (OLAF) tax/VAT
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
  • What happened today in Hungary? – 4 February, 2023
  • ASTONISHING VIDEO of the renewed castle of the ‘Greatest Hungarian’, Count Széchenyi
  • VIDEO, PHOTOS: Brutal windstorm in Hungary, buildings collapsed, trees uprooted, traffic disastrous
  • Debrecen’s new battery plant will have brutal high water consumption?
  • MEP Gyöngyösi: The EU must support Ukraine in guaranteeing minority rights
  • Want to learn Hungarian? Here are the best apps!
  • What will the Russians say? Hungarian military to start drills in Tallinn next week
  • This is why Hungary attracts German pensioners

About us

Contact us

Copyright rules

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