Hungary Probes Mol Foundation Over Suspected Tax Fraud: 444

June 19, 2026, 6:18 AM UTC

Hungary’s prosecutor’s office started a probe into suspected tax fraud linked to certain payments at the Mol New Europe Foundation, according to local news website 444.

  • Decision to start probe overturned a tax authority decision taken in early April that found no grounds for a criminal probe, 444 writes
  • Mol’s public foundation set to be wound down by Aug. 31 along with other public foundations under an agreement with the European Commission
    • NOTE: MOL CEO Hernadi Resigns From Corvinus University Foundation
  • NOTE from 2021: Mol Defends Stake Transfer in Hungary Amid Orban Endowment Push

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