Ferenc Gyurcsany
20 July 2012. Hungarian prosecutors have closed an investigation into former Prime Minister Ferenc Gyurcsany’s involvement in a real estate deal due to lack of evidence. Gyurcsany, who resigned in 2009, was accused of arranging a land-swap deal to build a casino complex in the lakeside town of Sukoro, southwest of Budapest. The casino complex project was unsuccessful and the swap deal was aborted. Prosecuters argued that had the deal gone through; it would have cost the government $5.6 million in lost revenue. Prosecutors however charged five others in connection with the land swap deal. Those charged included the former head of the state asset management company and a former finance ministry official.
