Hungary Investigates BYD Deal After Ex-Foreign Minister Takes Job
Hungary has launched an investigation into a deal with Chinese carmaker BYD after a former foreign minister accepted a position with the company. The probe aims to examine the circumstances surrounding the agreement.
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Hungary investigates deal with China’s BYD after ex-foreign minister takes job there
Hungary’s government announced an investigation on Monday into a large foreign investment by Chinese carmaker BYD negotiated by a former foreign minister who last week resigned from parliament to take an executive position at the company. Peter Szijjarto’s announcement last Wednesday that he would take the job at the world’s top electric carmaker prompted accusations of a conflict of interest and criticism over his role in organising substantial government subsidies to the company while in...
By Associated Press
Read full article →Hungary probes deal with China's BYD carmaker after ex-foreign minister takes job there
Hungary's government is investigating a major foreign investment by Chinese automaker BYD
By Justin Spike
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