Government politicians embezzled 3-4 billion euros from the EU-funds and took it abroad?

According to Magyar Nemzet, this sum was deposited on Arab and Asian bank accounts. Furthermore, a Hungarian citizen who might know details about the issue is in the US Federal Witness Protection Program. Though FBI briefed Hungarian authorities about the issue, nobody travelled there from Hungary to interrogate him. The number of news regarding strange financial issues concerning the government is increasing lately.

Havala: the channel to get EU-funds out of the country?

In fact, FBI suspects that the incredible amount of money was withdrawn from banks controlled by the government like MKB. According to the scheme, the money (millions of EUR) was exchanged for diamonds. Then couriers – like the man in the US protection program – took the gems abroad and deposited them in Middle-Eastern and Singaporean bank accounts. To do so

they used the parallel bank system of the Arabic world (havala).

According to the information of MN, gems replace money in the system. Thus, they have a fixed price which does not depend on the place where they were bought. Of course, a transactional fee has to be paid. As a result, huge amounts of money can be easily moved through borders without an electronic trace.

Though MN asked MKB how many times a cash withdrawal was more than 250,000 EUR in the last few years, they have not got an answer yet.

The Hungarian authorities do not want to investigate

The Americans suspect that part of

the money came back to Hungary later through strawmans.

They bought palaces, luxury hotels and other real estates in the country. This illegal practice disturbs the American authorities since international terrorism is financed through such channels, especially havala. Thus, they try to exterminate the method by all means.

According to MN, based on the confession of the Hungarian citizen the American authorities asked for investigation regarding the issue. However, the Hungarian authorities responded that they did not find anything indicating a crime. Furthermore,

the Hungarian authorities did not want to interrogate

him in the US even though he is on Interpol’s list of wanted persons because of money laundering.

According to MN, one of their colleagues personally met the suspected witness in the US. However, he did not want to answer their questions.

Last June Átlátszó wrote that the Chief Prosecution Office of the Capital, Budapest proposed the extradition of several Hungarian citizens to the US because of money laundering and fraud.