November 16th, 2009
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State asset manager sacks CEO of Pest County regional office over irregularities

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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.

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