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Hungarian police are investigating media companies owned by Gyula Balasy, a major media player who secured lucrative contracts under Viktor Orban's government, on suspicions of misappropriation of funds and money laundering, following Balasy's offer to hand over his firms to the newly elected government led by Peter Magyar, who has pledged to address corruption. #Corruption #MoneyLaundering #MediaTransparency #HU
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Hungary police freeze assets, accounts in probe of Orban-era media mogul
BUDAPEST, May 6 (Reuters) - Hungarian police have said that they are investigating the companies of one of the country's top media players who won lucrative contracts under Viktor Orban's outgoing government, on suspicion of misappropriation of funds and money laundering.