Hungary's international business daily

November 16, 2009, 12:32 CET

State asset manager sacks CEO of Pest County regional office over irregularities

Hungary's National Asset Management Company (MNV) has dismissed the organization's Pest County Regional Office CEO Tamas Balogh and initiated an investigation into irregularities surrounding bids received for the leasing of 2,500 hectares of land in the county, MNV told MTI on Monday.

National Asset Management Company Spokesman Zsolt Zicherman said that Mr Balogh would retain his asset-utilization and regional-coordination duties with MNV.

The director of Hungarian agricultural association Magosz announced on Saturday that he had lodged a criminal complaint with regard to the MNV's handling of leasing bids submitted for the property.

TAGS:   corruption   mnv   politics
Latest News

Published every Tuesday, the Budapest Business Week newsletter contains all the previous week's headlines from Realdeal.hu and related stories from other All Hungary sites, as well as a list of upcoming events of interest to the foreign business community in Hungary.

Email: 

See other newsletters | Privacy policy

Recent Comments:

#14
wolfi: @jackson: Congratulations! Yesterday you were 16 years old, now you have a house "there" ... Tel... from "Furor as fleeing foreigners leave Hungarian homes to the rats"
#5
wolfi: @jackass: You don't know obviously how a big city works. If you live in the middle of say Berli... from "Memo to Budapest developers: Quit bitching about having to build garage spaces"
#4
TheSnark: Bikes, cars, spaceships, rockets, lunar modules, and so on. Why race them? Why build tracks? Get on ... from "MFB cancels Balatonring support"
#3
WilliamHickey: Deep Purple are circa 1956... from "Hungary near bottom of EU innovation ranking"
#2
Szabadseg: We got rid of Gyurscany, the filthy communist MSZP are next, followed by full investigation of all t... from "Customs and Finance Guard uncovers ring suspected of laundering billions of forints"
The latest news from the other member sites of the All Hungary media network

Fatal error: Cannot redeclare is_valid_email() (previously declared in /var/www/allhungary.hu/mt/php/mt.php:716) in /var/www/allhungary.hu/mt/php/mt.php on line 722