Hungarian billionaire Jellinek and former MNV chief Szivek detained in Volán bus overpricing probe
The Central Prosecutor's Office has detained billionaire Dániel Jellinek and former Magyar Nemzeti Vagyonkezelő Zrt. chief Norbert Szivek in connection with a corruption investigation into the Volán bus companies. Prosecutors allege that used buses were purchased at prices far above market value, with the excess allegedly funneled through intermediary firms into real‑estate projects in Budapest's XII. and IX. districts as well as in Balatonvilágos and Törökbálint.
In a related hearing, three other suspects in the same probe faced a pre‑trial detention request, with a court decision expected on Thursday. The case is being pursued as part of broader anti‑corruption efforts targeting senior officials and business figures in Hungary.
How this was covered
- Right-leaning outlets covered this 4h later
Why it matters
It highlights possible misuse of public funds in a major state transport operation and the reach of anti‑corruption actions into high‑profile business and former state officials.
How this story developed
- Sep 15 Former state asset manager and associate detained in Volán bus overpricing investigation
- Sep 17 Jellinek and Szivek were detained on the day the court hearing on detention for three other suspects was scheduled.
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