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What will be the impact of U.S. sanctions on the Hungarian economy by the end of 2025?
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United States•Antal Rogan•Hungarian•Viktor Orban•Rogan•Orban•Cabinet Office•Hungary•Fidesz•Global Magnitsky Act•Europe
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Story
US Sanctions Orban's Ally Antal Rogan Under Global Magnitsky Act for Corruption
Jan 7, 2025, 05:57 PM
The United States has imposed sanctions on Antal Rogan, a senior Hungarian government official and a key ally of Prime Minister Viktor Orban, for his alleged involvement in corruption. Rogan, who serves as the Minister in Charge of Orban's Cabinet Office, has been accused by the U.S. Treasury Department of orchestrating schemes that control strategic sectors of Hungary's economy and divert proceeds to himself and loyalists of the Fidesz political party. The sanctions, enacted under the Global Magnitsky Act, target corruption and human rights abuses globally. Rogan's actions are seen as part of a broader climate of impunity in Hungary, where state capture by oligarchs and undemocratic actors is a concern. The U.S. aims to prevent its financial system from facilitating Rogan's corrupt activities, urging Hungary to address corruption decisively to strengthen the transatlantic alliance and promote a more prosperous Europe.
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