Saturday, February 24, 2018
Home /  UK  /  Hungarian police investigate fraud in EU-funded projects

Hungarian police investigate fraud in EU-funded projects


REUTERS
BUDAPEST
Hungarian prosecutors have launched an investigation into European Union-funded projects investigated by the European Anti-Fraud Office (OLAF) and run by a company once controlled by the son-in-law of Prime Minister Viktor Orban.
OLAF said last month its investigation concerned 35 public lighting projects in Hungary. It had sent a report containing financial recommendations to the European Commission and its judicial recommendations to prosecutors.
Hungary receives billions of euros in EU development funds each year, an important driver of economic growth.
The EU is preparing for tough negotiations on its next seven-year spending plan, with some member-states calling for a reduction in generous funding for the ex-communist east.
Orban's right-wing Fidesz party, in power since 2010, is tipped to win a third consecutive term in an election due on April 8.

POST A COMMENT