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Even Though Philip Rákay Explained that He Was only the Creative Producer in the Petőfi Film, According to His Contract He Also Had to Control the Use of the Money.

Summary by 444.hu
Rákay admits that he does not remember his contract, he did not memorize it point by point.

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Rákay admits that he does not remember his contract, he did not memorize it point by point.

·Hungary
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Philip Rákay previously stated that he had no personal responsibility for the spending of the multi-billion state aid. His contract does not reveal this.

·Hungary
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The producer previously denied having anything to do with the state support for the production, which was also investigated by the National Tax and Customs Administration, but his contract suggests otherwise. The post It was revealed what tasks Philip Rákay contracted to do in the Petőfi film and how much he earned from it first appeared on 24.hu.

·Budapest, Hungary
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Philip Rákay's company was entitled to a producer fee of 49 million forints plus VAT for the film Now or Never!, and was also entitled to a share of the net income from the production. The contract obtained by Index also revealed that the producer - contrary to his previous statement - was also responsible for monitoring the film's cost usage. The film, which was made with 4.7 billion forints of state funding, is currently being investigated by …

Philip Rákay claims he had nothing to do with the billions, but according to his contract he had to control the finances - He told Index that he had no role in the project company, which had a daily accounting obligation.

·Budapest, Hungary
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Index broke the news in Budapest, Hungary on Friday, November 6, 2026.
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