Police Are Investigating Philip Rákay's Billion-Dollar Deal on Suspicion of Abuse of Office
12 Articles
12 Articles
The BRFK is conducting an investigation into a land transaction by Philip Rákay's company due to suspicion of abuse of office through breach of official duty.
The police have launched an investigation into a billion-dollar land deal in Rácalmás, allegedly involving one of Philip Rákay's interests, on suspicion of abuse of office. It is believed that the businessman's company obtained access to an area through internal government information, which it quickly sold to the Hankook tire factory for a huge profit, Telex reported.
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It is suspected that Rákay's company may have learned about the Hankook factory's expansion plans from some government source before purchasing the nearby land in Rácalmás.
It is suspected that he may have learned about the Hankook factory's expansion plans from some government source before purchasing the nearby land in Rácalmás.
A complaint has been filed regarding a land deal in Rácalmás, in which a company owned by Philip Rákay earned 1.4 billion forints for the expansion of the Hankook Tire factory.
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