Budapest, August 11 (MTI) – Opposition Együtt is proposing amendments to legislation that would require lawmakers to disclose equity they own indirectly as well as directly.

The current system of asset declarations is “shamefully bad” and instead of improving politicians’ credibility, it makes it worse, party leader Viktor Szigetvári told a press conference on Thursday.

“There is a pressing need for such amendments as politicians often try to hide that companies they own have stakes in firms that handle public monies, with turnover in the range of several billion forints,” he said. Although such information is available in the company register, ordinary citizens cannot be expected to look through it, he added.

Szigetvári said Együtt’s proposal would affect public shareholders’ companies only.

Source: MTI

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