The Hungarian parliament has approved the creation of a National Asset Recovery and Protection Authority, granting the new body broad powers to investigate and seize assets linked to corruption during the Viktor Orbán era.
The legislation passed with 143 votes in favor and 46 against, marking a decisive legislative step in Prime Minister Péter Magyar’s ongoing political restructuring.
The new authority, known by its Hungarian acronym NVVH, is designed to function similarly to Italy’s anti-mafia agencies.
Once the law takes effect, the parliament is required to appoint the agency’s leadership within 30 days.
The mandate focuses on uncovering illicit wealth accumulation and enforcing asset forfeiture, a move that could significantly impact business interests and political figures associated with the previous government.
This development is part of a broader campaign dubbed 'Purifying Fire,' which has already seen the resignation of Prosecutor General Gábor Bálint Nagy.