Interpol decision allows renewal of Red Notice for Hernádi

Issues

The governing body of Interpol took a decision at a general assembly in Dubai on Saturday allowing a Red Notice issued for Zsolt Hernádi, the chairman and CEO of Hungarian oil and gas company MOL, to be renewed, according to information on the website of the Croatian Ministry of the Interior, Hungarian news agency MTI reported.

Hernádi has been charged in Croatia with bribing former Croatian Prime Minister Ivo Sanader a decade earlier to grant MOL management rights in Croatian peer INA. Hernádi was acquitted of the charge by the Hungarian judiciary.

In late October, a retrial weighing corruption charges against Hernádi and Sanader began in Zagreb without the presence of the MOL chief, after a Budapest court refused to execute a European Arrest Warrant in August. Hernádiʼs defense attorneys refused to enter a plea at the retrial, insisting that certain documents still need to be translated into Hungarian.

A Red Notice for Hernádi was earlier issued by Interpol, but his name was later taken off the list. In August, Croatia asked Interpol to re-issue the notice.

Croatia and Hungary made their cases in writing on the matter after consultations with Interpol, and each state had the opportunity to present evidence at the meeting of Interpolʼs governing body in Dubai, said the Croatian Ministry of the Interior.

In a statement, MOL said the Interpol decision caused surprise in Hungary. It noted that it fails to acknowledge the decision by a Hungarian court in August rejecting the arrest warrant for Hernádi on the grounds that he may not be ensured a fair trial in Croatia.

A Red Notice is a request to locate and provisionally arrest an individual pending extradition. It is issued by Interpolʼs General Secretariat at the request of a member country or an international tribunal based on a valid national arrest warrant. It is not an international arrest warrant.

Interpol cannot compel any member country to arrest an individual who is the subject of a Red Notice. Each member country decides for itself what legal value to give a Red Notice within its borders.

Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti... Figures

Hungary CPI Drop Acknowledged at IMF/World Bank Spring Meeti...

Hungary to Address Future of Cohesion Policy During EU Presi... EU

Hungary to Address Future of Cohesion Policy During EU Presi...

AI may Save Hungarian Healthcare, Says Leading Doctor Science

AI may Save Hungarian Healthcare, Says Leading Doctor

Time Out Market to Open in Budapest Next Year Food

Time Out Market to Open in Budapest Next Year

SUPPORT THE BUDAPEST BUSINESS JOURNAL

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.