Anti-Corruption Authority Reportedly Preparing to Reopen Black Van Case
The detentions follow searches at multiple locations and questioning of eight former executives in a probe into alleged overpricing of more than 600 buses causing approximately HUF 10 billion in state losses.
- On Tuesday, the Buda Central District Court ordered the arrest of billionaire Dániel Jellinek, CEO of Indotek Group, and Norbert Szivek, former CEO of the Hungarian National Asset Management Company, for one month in connection with a Volánbusz corruption investigation.
- Investigators allege the state-owned firm suffered losses of around 10 billion HUF between 2015 and 2018 from allegedly overpriced purchases of more than 600 used buses and other disputed transactions.
- Authorities are examining property deals, including an overpriced headquarters purchase in Kecskemét causing at least EUR 1.5 million in damage, alongside cash withdrawals exceeding EUR 2.74 million and maintenance contracts connected to 250 buses.
- Defense lawyers have appealed the detention order, while Indotek Group maintains that Jellinek has committed no crime and is cooperating fully with the Central Investigative Prosecutor's Office.
- Police escorted suspects to the Budapest Penitentiary on Thursday, as authorities continue determining whether the complex financial movements constitute criminal conduct and whether additional individuals will face charges.
30 Articles
30 Articles
Hungarian billionaire Dániel Jellinek, owner of a hotel and marina in Croatia, has been detained for a major corruption scandal weighing 27.6 million euros.
Anti-corruption authority reportedly preparing to reopen black van case
The anti-corruption authority is reportedly preparing to launch a renewed investigation into the black surveillance van case, examining aspects of the affair not covered by the original criminal inquiry. Approached by the Cyprus Mail on Thursday, the authority would neither “confirm nor deny” that it was proceeding the reopen the case. The authority did however […]
Prime Minister Péter Magyar announced on Thursday that investigations into the accumulation of wealth could be resumed, which would include not only the political elite but also several actors in the state administration. The prosecution has decided to arrest Norbert Szivek, the former president of the Hungarian National Wealth Management Association, and businessman Dániel Jellinek. Previously, five regional chamber presidents called on Elek Na…
Volánbusz case: five people have already been questioned as suspects
Three of the five suspects are in custody, and the court will decide on their arrest on Thursday.
A total of five people have been questioned as suspects in the corruption case, and three are in custody.
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