ADVERTISEMENT

Russian state property agency raided in fraud case

Analysis

A Russian government agency in charge of federal property had its headquarters raided Monday following the arrest of two of its employees in a large-scale fraud case. 

“An investigation at the Federal Property Management Agency, including searches and interviews at a rather high level, is taking place as part of an earlier criminal case into embezzlement and property misuse charges,” a police spokesman said. The official did not elaborate, saying only that more arrests were expected later Monday. (rian.ru)

ADVERTISEMENT

20% rise in property investment value expected  Analysis

20% rise in property investment value expected 

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.