Hungary hauls ex-foreign minister in to explain how he got a top job at BYD months after arranging government contracts

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Hungary’s former foreign minister Peter Szijjarto appeared before a parliamentary committee on Monday to answer questions about his appointment at Chinese automaker BYD, months after facilitating major government subsidies for the company. During his 12-year tenure, he helped secure BYD’s first European factory near Szeged and the company’s European headquarters and R&D center in Budapest, totaling 20 billion forints ($63.7 million) in government assistance. Hungary’s new government led by Prime Minister Peter Magyar since May has announced an investigation to examine all decisions and negotiations made by Szijjarto regarding BYD’s investments.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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