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20th January, 2020

Money launderer extradited to Hungary

Italian authorities have extradited the alleged perpetrator of a Ft 685 million money laundering scheme. The police stated on its website that 27 associates of the suspect have already been captured.

The alleged perpetrators caused major financial damages to foreign companies and private individuals. Detectives found one-sixth of the Ft 685 million sum in various bank accounts, which they impounded and froze.

A court issued an international arrest warrant in June 2019 for a 28-year-old Nigerian man, who was arrested by Italian authorities on October 22, 2019. The man has cooperated in detailing the structure of the scheme.

Italian police officers transferred the suspect to Budapest police on Friday at the Budapest Airport.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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