Hagyo Indicted As Budapest Transport Company “Mafia Boss”

  • 21 Jun 2012 9:00 AM
Hagyo Indicted As Budapest Transport Company  “Mafia Boss”
Former Socialist deputy mayor Miklos Hagyo and Erno Mesterhazy, one-time senior adviser to former mayor Gabor Demszky, used Budapest public transport company BKV for their own goals as “mafia bosses,” under the indictment read out at their trial at Kecskemet Court last week.

Under the indictment, between 2007 and 2009 Hagyo with other defendants gave instructions to BKV senior officials and influenced them to conclude contracts disadvantageous for the company by deliberately breaking asset management obligations.

Prosecutor group leader Katalin Kutron listed about 50 crimes in which Hagyo and the other 14 defendants caused nearly Ft 1.5 billion worth of damage to BKV.

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

  • How does this content make you feel?