Chelsea defeat PSG 3-0 to win first expanded Club World Cup    Saudi Arabia identifies key dust storm hotspots    Chief of staff inspects THAAD air defense unit in Jeddah    Saudi Arabia imposes SR2.1 million in anti-concealment fines in Q2 2025    Saudi Arabia tops global tourism revenue growth in Q1 2025    Ministry of Commerce recalls over 2,000 Baseus power banks over fire risk    PIF launches Tasama to boost Saudi business services sector    Saudi minister meets innovators, researchers in London to advance tech-driven economy    Israeli airstrike kills children fetching water in central Gaza    Macron condemns US tariffs, urges swift EU countermeasures    Taiwan–US tariff talks enter 'crucial moment,' negotiator says    Russia and North Korea blame U.S. military activity for tensions on Korean Peninsula    Conciliation Center issues 73,000 agreements in H1 2025    France's Lady Liberty artwork goes viral as a new Statue of Liberty could be in the works    Abdullah Al-Qaisoom wins silver at Asian Youth and Junior Weightlifting Championship    Aubameyang's future at Al Qadsiah in doubt after cryptic post comparing Saudi League strikers    Theo Hernández: Al Hilal can compete with Europe's best    SFDA approves 'Winrevair' for rare pulmonary hypertension treatment    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    BTS are back: K-pop band confirm new album and tour    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Hungarian premier seeks to ease investors" concerns over corruption
Published in Saudi Press Agency on 23 - 11 - 2009


Hungarian Prime Minister Gordon Bajnai met the
ambassadors of nine wealthy nations on Monday, five days after they
issued an open letter warning that corruption in the country could
scare off foreign investors, according to dpa.
"The letter ... did not criticize the government, but rather
independent bodies, organizations, (political) parties and local
councils which, in their opinion, have taken steps against foreign
investors in recent weeks," Bajnai was quoted as saying after the
meeting by the state news agency MTI.
Bajnai said he had assured the ambassadors that his government
would immediately investigate any complaint relating to foreign
investments.
The embassies of Belgium, France, Germany, Japan, Norway,
Switzerland, the Netherlands, the UK and the US last Wednesday warned
of recent "non-transparent behaviour affecting investors in such
areas as public utilities, broadcasting, and elements of the nation"s
transport infrastructure."
Bajnai said he had outlined during the meeting what measures his
government was taking to increase investor confidence, and said that
tackling corruption was among the most important of them.
Although the open letter did not identify explicitly any
"non-transparent" deals, after the meeting the French Ambassador to
Hungary Rene Roudaut named two out of "half a dozen" recent cases,
MTI reported.
In early October, the local council of the southern town of Pecs
seized control of a waterworks operated by the French firm Suez,
which held a 48-per-cent stake in the utility company.
A recent tender process for the renewal of broadcasting rights saw
two national radio stations replaced last week amid allegations of
backroom political manoeuvring. One of the stations, Slager Radio,
was owned by the US firm Emmis Communications.


Clic here to read the story from its source.