The Hungarian government on Monday announced an investigation into a major investment deal with Chinese auto giant BYD, on suspicion that former Foreign Minister Peter Szijjarto might have had a conflict of interest.
Szijjarto left his seat in the Hungarian Parliament to take a job with BYD last week, three years after negotiating the first of two major investment deals with BYD.
Szijjarto was Hungary’s top diplomat for about 12 years under former prime minister Viktor Orban and the two were close political allies. Orban assiduously courted investment from China and Szijjarto was his point man in the effort, becoming an especially ardent…
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