Alexandra Béni | Oct 17, 2018 | 0
Political parties afoul of funding rules will get less state money from July
Budget support for all parties that ran afoul of political financing rules will start receiving less state support from July, the treasury said on Monday.
The State Audit Office established before the April 8 general election that the radical nationalist Jobbik party had received illicit financial contribution amounting to 331.6 million forints (EUR 1.03m).
The now defunct Együtt party chalked up prohibited funding of 9.8 million forints, while the leftist Democratic Coalition (DK) had 8.2 million on its books.
Other parties received unlawful monies each between just over 2 million forints and 7.5 million.
The treasury decided not to fine the parties in the run-up to the election and did not make any central funding deductions from any party before the end of April.
The law stipulates that a party’s support from the central budget should be reduced by the same amount as any funding violations over the timeframe of the next four years.
The authorities have outlined deduction regimes for the various parties depending on the nature and extent of their infractions.