Government forwards evidence to Brussels regarding Altus affair


Hungaryʼs government has sent evidence of illegal, secret party financing related to a European Union contract awarded to a company owned by former prime minister Ferenc Gyurcsány to Brussels, daily Napi Gazdaság reported yesterday.

 Deputy state secretary Nándor Csepreghy said the evidence was sent "earlier than planned, already by Tuesday evening" to the European Commissionʼs Director General of DG Regional Policy.

Also on Tuesday, cabinet chief János Lázár discussed the matter with the director, Walter Deffaa, in Brussels, but he said afterward that the parties had come to no resolution. The evidence shows that money for the contract awarded to Altus to assess European Union-financed development projects in 2014-2020 is being funneled to the opposition party Democratic Coalition.

The documents sent to Brussels include ones that show Gyurcsány is the sole owner of Altus and that disclose a HUF 16 mln personal contribution to the party, of which he is the leader, Csepreghy explained. At a weekly press conference on Thursday, cabinet chief János Lázár said the "most realistic" explanation for the award of the contract to Gyurcsány’s company was a "procedural error". Whoever picked Altus probably didnʼt realize the company was owned by the former prime minister, he explained.


Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Márki-Zay wins opposition primary Elections

Márki-Zay wins opposition primary

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need


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.