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Hungary police detain former head of state asset manager

The chief office of investigations has charged Miklos Tatrai, former head of the Hungarian National Asset Management Company (MNV), with causing damages to the state in connection with a planned casino investment which is under a government investigation, the office said on Tuesday.

Police conducted a house search and seized documents and Mr Tatrai's computer as well as detaining the former official and MNV's head of valuations, the chief investigator, Imre Keresztes, said in a statement.

The investigation concerns land near the village of Sukoro, next to Lake Velence, in central Hungary which was sold for a planned large casino development.