Juhász: Rogán named in real estate scam

Deals

MP Antal Rogán, the head of the Fidesz caucus, will be charged with involvement in "organized criminal activity" in connection with the cut-price sale of public property in Budapest’s 5th district during his tenure as a mayor of the district, according to Péter Juhász a district council member, who announced that he had filed documents containing the charges with authorities today.

Juhász charged that roughly one third of the district’s council flats and other property were sold to associates of Rogán at a fraction of the market prices. He also said the sales meant a loss to the district of HUF 5-6 bln. The documents Juhász filed reportedly outline “the organized theft of district’s property”.

Juhász said that the favored associates obtained leases to the properties, and a few months later were offered a chance to buy those properties at huge discount. He said the deals were not audited or controlled in any way, and he charged that the participants in the deals even avoided value added tax.

According to Juhász, the information on this “criminal activity” was available to any member of the local council, and his office used this information to research the case he has presented to authorities.

ADVERTISEMENT

MBH Bank Closes Acquisition of Duna Takarék Bank Banking

MBH Bank Closes Acquisition of Duna Takarék Bank

Orbán Augurs Economic Rebound From Q3 Government

Orbán Augurs Economic Rebound From Q3

AutoWallis Green Investment Project Value Reaches HUF 3 bln Automotive

AutoWallis Green Investment Project Value Reaches HUF 3 bln

Budapest Muni Council Clears Rác Baths Renovation Tourism

Budapest Muni Council Clears Rác Baths Renovation

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.