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Hungary Launches Criminal Probe Into Eximbank over Suspected Abuses
Police are investigating four Eximbank cases, including a €1 billion North Macedonia loan and a 126 billion forint guarantee, after a July ministry complaint.
- Hungarian authorities opened a criminal investigation into Eximbank on suspicion of abuse of office and mismanagement. Police seized thousands of pages of internal ministry documents on Monday to support the probe.
- In July, Prime Minister Peter Magyar's economy ministry referred four Eximbank-related cases to police following an internal bank audit. Magyar alleged the loans may have diverted funds to foreign allies and companies close to the former government.
- Investigators are reviewing a €1 billion loan to North Macedonia carrying a 3.25% interest rate, plus an African infrastructure project backed by a 126 billion forint guarantee from Eximbank and the Hungarian Development Bank.
- Prime Minister Peter Magyar, who defeated former Prime Minister Viktor Orban in April, pledged to crack down on what he says was widespread corruption under the previous administration. Orban has denied the allegations.
- Magyar attended the Bled Strategic Forum in Slovenia on Monday, where he continued advancing his administration's anti-corruption agenda as the investigation into Eximbank proceeds. The probe reflects his broader campaign against alleged financial abuses under the former leadership.
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13 Articles
13 Articles
Hungary launches criminal probe into Eximbank over suspected abuses
·London, United Kingdom
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The government filed complaints in four cases, including a loan granted at lightning speed to one of Tiborcz's interests.
·Hungary
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They are being investigated for abuse of office and mismanagement.
Thousands of pages of documents have been seized by police over Eximbank's past cases, under investigation on suspicion of abuse of office and unfair treatment.
The National Investigation Bureau (NIB) of the Hungarian Police has launched a criminal investigation into alleged abuse of office and mismanagement of funds related to transactions at Eximbank. The authorities seized thousands of pages of documents from the ministry on August 31, following complaints filed by the Ministry of Economy and Energy.
Coverage Details
Total News Sources13
Leaning Left3Leaning Right0Center1Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
C 25%
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