Economy and macroUpdated Yesterday

Hungary seizes about $19.5 million in hidden cash.

Hungary’s anti-corruption agency says it recovered about $19.5 million in cash while investigating former minister Miklós Seszták. Forests were only part of the picture: authorities also reported cash concealed in agricultural buildings, warehouses and a residential property, with some stored in a high-value safe. That is a striking range of hiding places for cash found during a probe into one alleged scheme. Seszták is accused of taking bribes in a state transport company’s purchase of secondhand buses at inflated prices.

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Coverage started Yesterday