Hungary Probes Deal with China's BYD After Ex Foreign Minister Takes Job There Hungarian Prime Minister Péter Magyar has announced an investigation into a major foreign investment by Chinese automaker BYD, sparking concerns about transparency in government dealings.
The probe will examine all decisions, negotiations, and state commitments made by former Foreign Minister Péter Szijjártó regarding the BYD Hungary investment.
Szijjártó's sudden departure from Parliament to take an executive position at BYD has raised eyebrows, particularly given his role in facilitating hundreds of billions of forints in government subsidies to the company while in office.