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CP Daily: Wednesday November 15, 2023 « Carbon Pulse

CP Daily: Wednesday November 15, 2023 « Carbon Pulse
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Five fates that tell the story of Hungary under Orban

Five fates that tell the story of Hungary under Viktor Orban

Hungary arrests fertiliser tycoon Bige for corruption

2 Min Read BUDAPEST (Reuters) - Leading Hungarian businessman Laszlo Bige was arrested on Thursday on suspicion of a string of economic crimes including graft and misappropriation worth billions of forints. Bige is the 10th richest Hungarian with a net worth of 112 billion forints ($385 million), according to a 2020 tally by the news website napi.hu. He owns several large companies, of which the most significant is the fertiliser maker Nitrogenmuvek. Prosecutors said in a statement that they had “initiated the arrest of a man who accepted more than 800 million forints in graft payments while misappropriating nearly 2 billion forints from his own company”.

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