Hungary Picks PwC Partner to Help Defuse EU Funds Row Over Graft

Hungary nominated a fraud specialist at PricewaterhouseCoopers LLP to head a new anti-graft agency, a move that is part of its efforts to rein in corruption and help unlock billions of euros in European Union funds.

Ferenc Biro, a PwC partner in Budapest who has focused on fraud probes, will serve as the first president of the Integrity Authority, State Audit Office President Laszlo Windisch said in a statement late Thursday. President Katalin Novak is scheduled to confirm the appointment on Friday.

Prime Minister Viktor Orban is setting up the new anti-graft agency, a key part of 17 pieces ...