Hungary Investigates a Historic HUF 300 Billion Ventilator Procurement

On 28 October, Reuters reported that Hungarian authorities had carried out raids and questioned suspects in an investigation into the 2020 purchase of nearly 17,000 ventilators for HUF 300 billion, approximately US$910 million as reported. The investigation concerns suspected wrongdoing in a historic procurement; the amount is the value of the original purchase, not a new contract or a final finding of guilt. Legal teams and compliance advisers can explore document analytics, transaction monitoring and secure audit trails; HPC can support large-scale data processing and investigative analytics. Contact HPC for a quotation based on your requirements.

If you are interested to enquire further, please fill in the form below with your details and one of our consultants will contact you shortly.