Wednesday, February 05, 2014

Socialist party troubles

It doesn't seem to get better for the Hungarian Socialist party. Low in the polls leading up to the April national election and more bad news for them. It has been reported that deputy Socialist party leader Gabor Simon, suspended his party membership and all the positions he held in the Socialist party. He did this because it was reported that he held funds in a foreign bank account that he failed to declare.

The Hungarian daily Magyar Nemzet reported on Tuesday that Gabor Simon had undeclared assets worth 240 million HU forints or EUR 770,000 held in an Austrian bank. Simon's official asset statement in 2013 to parliament did not contain the funds. Leading into the election, the socialists are taking the matter very seriously. According to their press release, they will be a meeting with Simon and all the appropriate measures will be taken.

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