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Hungary's Anti-Fraud Watchdog Wants Powers for Raids and Prosecutions

Hungary's Anti-Fraud Watchdog Wants Powers for Raids and Prosecutions
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Hungary's anti-fraud watchdog wants powers for raids and prosecutions

Hungary s anti-corruption body, tasked with stamping out fraud in the spending of billions of euros of European Union funds, has requested greater powers including for prosecutions, raids and.
-May 07, 2024 at 06:53 am EDT
- MarketScreener ....

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Hungary's anti-corruption authority wants stronger powers for prosecutions

Hungary's anti-corruption authority wants stronger powers for prosecutions
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Hungary's Anti-Fraud Body Calls for Extended Powers to Monitor EU Funds

Hungary's Anti-Fraud Body Calls for Extended Powers to Monitor EU Funds
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Hungary's anti-fraud body calls for extended powers to monitor EU funds

Hungary's Integrity Authority, an anti-fraud body tasked with overseeing European Union funds, lacks the proper investigative authority to expose possible wrongdoing, its leader told Reuters, calling for an extension of the body's powers. The body, created under EU pressure by Prime Minister Viktor Orban's government to unlock billions of euros worth of funds suspended over rule-of-law concerns, was launched in late 2022 to prevent, detect and correct the misuse of EU money. International watchdogs say Orban has long channelled EU funds to businessmen close to his nationalist Fidesz party to entrench himself in power. ....

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