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NNI launches investigation of funds at Magyar Telekom

Hungary's National Bureau of Investigation (NNI) has launched an investigation into the alleged misappropriation of funds at Hungarian telecommunications company Magyar Telekom, the company announced.

Magyar Telekom said that the NNI informed the company that it had begun a criminal investigation into alleged misappropriation of funds related to payments made in connection to Magyar Telekom's ongoing internal investigation into certain contracts entered into by members of the Magyar Telekom group and related matters.

Magyar Telekom said it is cooperating with the NNI investigation. (MTI – Econews)