Zürcher Nachrichten - US sanctions top Hungary minister over 'corruption'

EUR -
AED 3.780862
AFN 73.506769
ALL 97.48963
AMD 413.920783
ANG 1.866074
AOA 941.358786
ARS 1065.658669
AUD 1.660319
AWG 1.855445
AZN 1.74846
BAM 1.944641
BBD 2.090583
BDT 126.056651
BGN 1.949547
BHD 0.388016
BIF 3062.467188
BMD 1.029373
BND 1.409485
BOB 7.154874
BRL 6.322719
BSD 1.035349
BTN 88.7439
BWP 14.350513
BYN 3.388423
BYR 20175.713999
BZD 2.079845
CAD 1.480961
CDF 2953.786408
CHF 0.938895
CLF 0.037593
CLP 1037.309164
CNY 7.547052
CNH 7.573639
COP 4464.731102
CRC 526.076115
CUC 1.029373
CUP 27.278389
CVE 109.634819
CZK 25.135205
DJF 184.380183
DKK 7.460624
DOP 63.365774
DZD 140.110054
EGP 52.084123
ERN 15.440597
ETB 132.302028
FJD 2.397358
FKP 0.815245
GBP 0.832413
GEL 2.897721
GGP 0.815245
GHS 15.251335
GIP 0.815245
GMD 72.5527
GNF 8950.465773
GTQ 7.993056
GYD 216.62484
HKD 8.00753
HNL 26.322697
HRK 7.383597
HTG 135.141892
HUF 415.414349
IDR 16722.372911
ILS 3.771175
IMP 0.815245
INR 88.417339
IQD 1356.403393
IRR 43323.767383
ISK 145.110518
JEP 0.815245
JMD 161.949117
JOD 0.730133
JPY 163.054255
KES 133.32054
KGS 89.555695
KHR 4178.938863
KMF 488.952548
KPW 926.435271
KRW 1503.291397
KWD 0.317397
KYD 0.86284
KZT 547.35381
LAK 22580.985134
LBP 92719.945766
LKR 305.958379
LRD 192.583033
LSL 19.243203
LTL 3.039471
LVL 0.622658
LYD 5.09571
MAD 10.358261
MDL 19.104189
MGA 4865.035775
MKD 61.52758
MMK 3343.363881
MNT 3497.809875
MOP 8.292733
MRU 41.157427
MUR 47.970136
MVR 15.903947
MWK 1795.380155
MXN 21.047953
MYR 4.634752
MZN 65.758373
NAD 19.243389
NGN 1590.566585
NIO 38.100627
NOK 11.736429
NPR 141.989842
NZD 1.83792
OMR 0.396297
PAB 1.035448
PEN 3.896739
PGK 4.210756
PHP 60.214182
PKR 288.46202
PLN 4.271641
PYG 8188.930031
QAR 3.775697
RON 4.973962
RSD 117.090163
RUB 108.183432
RWF 1438.03418
SAR 3.864212
SBD 8.633919
SCR 14.700188
SDG 618.652971
SEK 11.513405
SGD 1.409876
SHP 0.815245
SLE 23.449277
SLL 21585.443663
SOS 591.698915
SRD 36.104752
STD 21305.946182
SVC 9.059924
SYP 2586.331204
SZL 19.237423
THB 35.707405
TJS 11.31695
TMT 3.6131
TND 3.295657
TOP 2.410895
TRY 36.422419
TTD 7.023628
TWD 33.861215
TZS 2563.139161
UAH 43.793575
UGX 3824.019536
USD 1.029373
UYU 45.537366
UZS 13407.066429
VES 54.56477
VND 26128.064315
VUV 122.209244
WST 2.843939
XAF 652.208108
XAG 0.034162
XAU 0.000388
XCD 2.781933
XDR 0.797416
XOF 652.208108
XPF 119.331742
YER 256.571593
ZAR 19.431063
ZMK 9265.594474
ZMW 29.068912
ZWL 331.457739
  • RIO

    0.2100

    58.4

    +0.36%

  • CMSC

    -0.0300

    23.2

    -0.13%

  • BTI

    -0.2450

    36.535

    -0.67%

  • SCS

    -0.0500

    11.15

    -0.45%

  • BP

    -0.6050

    31.225

    -1.94%

  • RBGPF

    -2.6900

    59.31

    -4.54%

  • GSK

    -0.3750

    33.715

    -1.11%

  • RELX

    0.5100

    46.49

    +1.1%

  • BCE

    -0.2500

    23.61

    -1.06%

  • CMSD

    -0.0650

    23.395

    -0.28%

  • NGG

    -1.0400

    57.56

    -1.81%

  • BCC

    -1.3600

    116.86

    -1.16%

  • VOD

    -0.2050

    8.205

    -2.5%

  • JRI

    -0.0700

    12.15

    -0.58%

  • AZN

    -0.3900

    66.25

    -0.59%

  • RYCEF

    -0.0300

    7.17

    -0.42%

US sanctions top Hungary minister over 'corruption'
US sanctions top Hungary minister over 'corruption' / Photo: ATTILA KISBENEDEK - AFP

US sanctions top Hungary minister over 'corruption'

The United States announced sanctions against the head of Hungarian Prime Minister Viktor Orban's cabinet on Tuesday for his alleged involvement in corruption.

Text size:

Antal Rogan, a minister who oversees the country's intelligence services and government communication, has "orchestrated schemes designed to control several strategic sectors of the Hungarian economy and to divert proceeds from those sectors to himself and to reward loyalists from his political party," said a US Treasury statement.

"This systemic corruption Antal Rogan represents is affecting Hungary's decision-making on issues that impact the security of the United States of America and our allies," US ambassador to Hungary David Pressman told a press briefing.

He noted that "private and public efforts to engage the Hungarian government on this issue have been unsuccessful."

Rogan’s activity is "emblematic of the broader climate of impunity in Hungary where key elements of the state have been captured by oligarchs and undemocratic actors" US State Department spokesperson Matthew Miller said in a statement

US-Hungary relations have become frosty in recent years, with Washington frequently criticising Budapest over democratic backsliding.

But Orban hopes his "dear friend" US President-elect Donald Trump's return to office will normalise relations between the NATO allies.

"This is the personal revenge of the ambassador sent by the failed US administration to Hungary, who leaves unsuccessfully and in disgrace, against Antal Rogan," Hungary's foreign minister Peter Szijjarto said on Facebook.

"How good that in a few days' time the United States will be led by people who see our country as a friend and not an enemy," he added.

Since Orban's return to power in 2010, Hungary has fallen from 50th to 76th place in Transparency International's corruption perception index, ranking last among EU members in 2023.

During the same period, the nationalist leader's inner circle has grown wealthy from public tenders. Orban's confidant Lorinc Meszaros and his son-in-law Istvan Tiborcz now control large swathes of the economy.

The European Union has frozen around 19 billion euros ($20 billion) in EU funds earmarked for Hungary over alleged corruption in public procurement, among other issues.

Budapest has lost access to around one billion euros of the suspended funds.

The central European country claims Brussels is withholding the funds to pressure it over its self-described "illiberal" transformation and denies corruption accusations.

The US sanctions against Rogan fall under the Global Magnitsky Human Rights Accountability Act. The action freezes the assets under US jurisdiction of those blacklisted and forbids Americans and US companies from doing business with the targets.

J.Hasler--NZN