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Hungary: Millions in hidden cash found in Orban graft probe

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Hungary: Millions in hidden cash found in Orban graft probe

Hungarian authorities have recovered nearly $20 million in hidden cash during a corruption investigation into former National Development Minister Miklos Sesztak, who served under ex-Prime Minister Viktor Orban. The newly established National Asset Recovery and Protection Office discovered the funds, which included 5.07 billion Hungarian forints, €2.66 million, and $1.26 million, buried in forests, concealed in agricultural buildings, and stored in safes.

Sesztak is suspected of accepting over $37 million in bribes related to state-owned transport and construction projects. Prime Minister Peter Magyar, who launched the anti-corruption campaign, labeled the discovery a turning point, while Orban condemned the investigations as political tyranny.

Other officials, including former central bank governor Gyorgy Matolcsy, are also under investigation for alleged misuse of public funds. All accused parties have denied wrongdoing, and Orban's Fidesz party has seen its voter support decline significantly.