Hungary establishes agency to recover state assets from Orbán era
Hungary's parliament has passed a law creating a National Asset Recovery Agency to locate and retrieve state funds misappropriated during Prime Minister Viktor Orbán's 16-year rule.
The Hungarian parliament has passed legislation establishing a new National Asset Recovery Agency tasked with tracking down and retrieving public funds misappropriated over the past 16 years. According to reports, the independent body has been granted broad investigative powers to locate state property allegedly siphoned off during the long-standing administration of Prime Minister Viktor Orbán. The initiative marks a significant structural attempt to address systemic corruption concerns and restore public assets. The newly formed agency will possess specialized authority to pursue financial restitution across both domestic and international jurisdictions.
Sources: The Insider