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Socialists and Jobbik accuse government after E-on deal revelations

Far-right wing party Jobbik and the Socialist party have accused Prime Minister Viktor Orbán of overpaying for gas storage facilities when buying them from German company E.ON last year.

The accusation came after background documents related to the deal were published last Friday by the Hungarian website The state paid HUF 251 bln for assets that may have had a negative value of HUF 355 bln, the documents show. The Socialist Party reacted by saying that the Prime Minister had “burnt” public funds worth almost Ft 600 bln.

The party suspects PM Viktor Orbán of having signed a statement of intent with E.ON which included specific sums and a timetable but only allowed the government to gain information about the assets after buying them, Socialist MP and Deputy caucus leader Bertalan Tóth stated at a press conference.

Jobbik MP János Volner said the leaked documents confirm his party’s suspicion that the contract concluded by the government was obviously unfavourable to Hungary.