6 hrs ago
Hungarian Real Estate Mogul Questioned in Bus Procurement Probe
Hungarian authorities are investigating possible bribery connected to buying buses.
Businessman Daniel Jellinek was questioned as part of that investigation.
Prosecutors also searched several places and questioned four suspects.
They said three people were detained, but did not name anyone.
Jellinek’s company, Indotek Group, said he came voluntarily and is cooperating.
The company says he did nothing wrong.
It also says the investigation does not involve Indotek’s companies or property.
Authorities have not yet announced the final outcome of the case.
Daniel Jellinek was questioned by Hungarian police and prosecutors over alleged bribery linked to a bus procurement deal.
Prosecutors said raids were conducted at multiple locations, with four suspects questioned and three detained.
Indotek Group said Jellinek voluntarily answered a summons and has cooperated with authorities.
Indotek said Jellinek committed no offense and that the investigation does not involve its companies or assets.
Forbes estimated Jellinek’s 2025 wealth at about 313 billion forints, ranking him seventh among Hungary’s wealthiest people.
- Who
- Daniel Jellinek, Indotek Group’s chief executive, was questioned; prosecutors said four suspects were questioned and three detained.
- What
- An investigation into alleged bribery linked to a bus procurement deal, including raids and police questioning.
- Where
- Hungary, including locations where prosecutors conducted raids; the report identifies Budapest in connection with Jellinek’s business dealings.
- When
- Jellinek was reported questioned on September 15; Indotek said he answered a summons on September 10 and remained available afterward.
- Why
- Authorities are investigating alleged bribery connected to a bus procurement deal.
Authorities’ Investigation
Jellinek’s Defense
Alleged bribery
Authorities’ Investigation
Hungarian prosecutors are investigating alleged bribery connected to a bus procurement deal and conducted raids at multiple locations.
Jellinek’s Defense
Indotek Group said Jellinek has not committed any offense in connection with the matter.
Status of the case
Authorities’ Investigation
Prosecutors said four suspects were questioned and three people were detained, without identifying them or providing further details.
Jellinek’s Defense
Indotek said it expects the investigation to confirm Jellinek’s innocence and that proceedings against him will soon be discontinued.
Company involvement
Authorities’ Investigation
Authorities have not publicly provided details indicating whether Indotek Group companies or assets are involved.
Jellinek’s Defense
Indotek said the investigation does not involve any Indotek Group company or asset and that its operations continue without disruption.
Key facts
- Person questioned
- Daniel Jellinek
- Investigation
- Alleged bribery linked to a bus procurement deal
- Suspects questioned
- Four, according to Hungarian prosecutors
- People detained
- Three, according to Hungarian prosecutors
- Company
- Indotek Group
- Estimated wealth
- About 313 billion forints, or $988 million, according to Forbes’ 2025 list
- Business role
- Jellinek is Indotek Group’s chief executive
Quotes
Indotek Group
The real estate company headed by Daniel Jellinek
“Our firm position is that Mr. Jellinek has not committed any offence in connection with the matter. We are confident that the investigation will confirm this and that the proceedings against him will soon be discontinued. The investigation does not involve any Indotek Group company or asset, and the Group continues to operate without disruption.”
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