Investigation into VAT fraud allegations ordered

Issues

The National Investigation Office (NNI) has ordered an investigation into claims made by former tax official András Horváth concerning the National Tax and Customs Authority (NAV), the National Police Headquarters (ORFK) reported today.

On November 13, the Municipal Chief Prosecutor’s Office received Horváth’s report in which he alleged that large-scale VAT fraud had gone unnoticed by the tax authority. The prosecutor had asked the police to supplement the report, and the chief of police transferred the case to a police investigations unit on November 27.

On Monday, the competent authority ordered an investigation against an unidentified suspect who is charged with abuse of office.

Horváth told a press conference in November that over HUF 1 trillion per year has gone missing from state coffers in unpaid VAT with “the support of government circles and the tax authority.” NAV denied the accusations and pressed charges against Horvath for libel.

Horváth said earlier he had evidence to prove that officials had abused their powers at NAV, and he attached a 200-page document serving to underpin his claims.

Governing Fidesz earlier said its lawmakers had agreed that tax fraud must not go unpunished, but insisted it was up to the public prosecutor’s office to clarify whether Horváth’s statements were true or not.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.