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Vitézy noted that Parliament recently passed legislation ending the KEKVA system, under which the foundations are to be dissolved by Aug. 31 and assets acquired from public sources returned to the state.
He said the foundations’ assets would be transferred to the ministries taking over their respective responsibilities.
The Ministry of Transport and Investment oversees the Millenary Scientific Cultural Foundation, the Central European Built Heritage Preservation Foundation, the Hauszmann Foundation and the Central European Educational Foundation.
Vitézy said there would be no deterioration in the quality of any public task or service under the new system, while the use of a significant amount of state assets would once again become transparent and subject to oversight.
He said the KEKVAs had been established by the previous Fidesz government with the aim of “managing state funds in a completely opaque and uncontrollable manner,” adding that their boards of trustees consisted almost exclusively of Fidesz politicians.
Vitézy also said the European Commission had long criticized the KEKVA system and that reforming it was among the conditions for securing EU funds.
The previous government was unwilling to do so, while the Tisza government ended the KEKVA system in just over three months, he added.
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