# Train contract blow for Hungary’s richest man

> Hungary’s richest man loses rail contract after EU audit finds corruption.
- Title: Train contract blow for Hungary’s richest man · EUobserver
- Summary: Hungary’s richest man loses rail contract after EU audit finds corruption. Hungary’s richest man Lőrinc Mészáros loses rail contract after EU audit finds…
- Keywords: lőrinc mészáros, hungary, tisza government, budapest southern circular railway, v-híd, eu court of auditors, public procurement, politics, world, Train, contract, blow
- Source: EUobserver — https://euobserver.com/242944/train-contract-blow-for-hungarys-richest-man-plus-orban-will-not-mark-1956-anniversary-day-156-of-the-tisza-government
- Published: 2026-10-15T15:43:00+00:00
- Read time: 1 min
- Topics: lőrinc mészáros, hungary, tisza government, budapest southern circular railway, v-híd, eu court of auditors, public procurement, politics, world
## Another blow for Lőrinc Mészáros
Prime minister Péter Magyar and transport minister Dávid Vitézy suspended one of Hungary’s largest rail projects.

> the state was suspending implementation of one of hungary’s largest rail projects
## EU audit finds corruption
European Court of Auditors uncovered public procurement irregularities involving v-híd.

> v-híd may have colluded with the company that drafted the project plans
## V-Híd is Mészáros’s company
V-Híd is the most profitable company of Hungary’s richest man Lőrinc Mészáros.

> the most profitable company of lőrinc mészáros who became hungary’s richest man during viktor orbán’s premiership
## EU funding withdrawn
European Court of Auditors would withdraw EU funding from the project due to corruption.

> the european court of auditors would withdraw eu funding from the project
## Hungary terminates contract
Hungary terminated Mészáros’s rail contract to avoid taxpayer costs.

> the hungarian government does not want to forfeit the eu money and make hungarian taxpayers foot the bill for the costs of the project
## New chief prosecutor nominee
President András Baka nominated former chief prosecutor Péter Fejes for the role.

> on monday 12 october president andrás baka nominated a former chief prosecutor péter fejes for the post of chief prosecutor
## Former chief prosecutor ready to testify
Former chief prosecutor Pál Fürcht claims gold convoy case was politically motivated.

> pál fürcht has claimed that the gold convoy case was created for political purposes
## Orbán to keep quiet on 1956 anniversary
Orbán will not mark 1956 anniversary despite it being a key national holiday.

> orbán will not mark the 1956 anniversary
## Key takeaway

Hungary’s richest man Lőrinc Mészáros loses rail contract after EU audit finds corruption.