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Transparency International concerned about nominee for Competition Office head

Transparency International Hungary on Monday voiced concern over the recent nomination of Miklós Juhász to head of Hungary's Competition Office, referring to an earlier fine Juhasz received for abusing insider information.

In a letter addressed to Prime Minister Viktor Orbán and President Pál Schmitt, TI managing director Noemi Alexa warned that the success of government measures depended largely on the professional and ethical reputation of the officials administering them. The letter quoted resolutions by the Hungarian financial market watchdog PSzÁF, under which Juhász was fined HUF 300,000 for insider dealing in shares of a company in which he headed the supervisory board back in 1999.

The opposition Socialist party (MSzP) and Politics Can Be Different (LMP) have both protested against the nomination of Juhász. (MTI-Econews)