NAV: A total of 54.5 billion forints are earned from tax fraud companies based on gas trading

The Hungarian tax authority (NAV) has revealed that a gas trading fraud investigation has identified over 54.5 billion HUF in unpaid taxes and penalties linked to seven companies involved in a complex network. This network, known for its fraudulent practices, has reportedly siphoned hundreds of billions from the state budget. The NAV has frozen assets worth approximately 24.8 billion HUF to ensure recoverability of these debts. Additionally, a criminal investigation has been initiated due to the scale of the fraud, with over 41 billion HUF in assets being secured. The investigation has led to the questioning of 46 individuals, with two arrests made, including a notable figure in the gas market. The case highlights significant issues within the gas trading sector and ongoing efforts to combat tax fraud.