Some HUF 1.6 bln, €3.5 mln seized on suspicion of money laundering
Hungarian authorities seized a total of HUF 1.6 bln and €3.5 mln on suspicion of money laundering last year, Hungarian economic daily Napi Gazdaság reported today.
The paper noted that the money was seized following 152 halted transactions by the National Tax and Customs Authority (NAV), working together with financial service providers. NAV spokesperson Alexandra Sárközi told the paper that seizures were made on the basis of 9,618 reports of money laundering.
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