A large-scale fraud, estimated at 300 billion forints, involving a gas deal has led to money flowing out of Hungary through shell companies to the UK. The investigation into the influential organizers has made little progress over two years.

444: 300 Billion Forints Embezzled from Hungary in Gas Deal Fraud, Investigation…

A massive fraud, built around a gas deal, has seen 300 billion forints flow out of Hungary, with the investigation making little progress over two years. Money was moved through shell companies and then to the UK, its final destination unknown. Authorities have made little headway in identifying…

Telex: Up to 300 billion forints may have disappeared from Hungary in 'gas mafia' case

Both the scale and the billions of forints required to initiate the fraud made this one of the largest and most successful VAT frauds in recent years.

24.hu: Hundreds of Billions in Gas Mafia: Influential Organizers Unfound for Two Years

An investigation into a gas mafia, involving hundreds of billions, has yet to locate the influential organizers after two years.

Documents reveal that two organizations connected to Anikó Lévai, the wife of former Prime Minister Viktor Orbán, received tens of millions in support from V-Híd, a company owned by Lőrinc Mészáros that grew significantly through state projects. Other Fidesz-linked organizations also received substantial donations.

Telex: Orbán's wife's organizations received generous support from Mészáros' company

Documents obtained reveal that two organizations linked to Anikó Lévai received tens of millions in support from V-Híd, a company that grew significantly through state projects. Other organizations connected to Fidesz circles also received substantial donations.

24.hu: Companies Linked to Orbán's Wife Funded by Mészáros Company Using Public Money

Associates of Orbán's wife have been funded by a Mészáros-owned company that has benefited from public funds.

Former Member of the National Assembly Erik Bánki, despite years of denying any connection, has requested a diplomat passport for the head of Hungast, a major catering company.

24.hu: Bánki Erik Requested Diplomat Passport for Hungast Head Despite Years of…

Erik Bánki, who has for years denied any connection to a major catering company, has requested a diplomat passport for the head of Hungast.

The European Court of Human Rights has issued a ruling stating that Hungary unlawfully restricted the strike rights of teachers.

24.hu: Strasbourg Court Rules Against Hungary for Violating Teachers' Strike Rights

The European Court of Human Rights has ruled that Hungary unlawfully restricted the strike rights of teachers.

Budapest Mayor Gergely Karácsony has pledged a surge in urban development, acknowledging that these plans may cause inconveniences but emphasizing the interest of the whole city.

Telex: Budapest mayor promises development surge, says mother will be insulted

The mayor believes that the interest of the whole should be placed above sectional interests, but promises to try to reduce the inconveniences caused by the developments.

István Nagy, described as former Prime Minister Orbán's banker, served as a traveling ambassador until the change of government, earning millions.

24.hu: Nagy István, Dubbed Orbán's Banker, Served as Traveling Ambassador with…

István Nagy, described as Orbán's banker, worked as a traveling ambassador until the change of government, earning millions.