MarketMiklós Hagyó
Company Profile

Miklós Hagyó

Miklós Hagyó is a Hungarian entrepreneur and politician, a former deputy mayor of Budapest and a former member of the Hungarian parliament. From 1998 until 2010, Hagyó was active in the Hungarian Socialist Party. Immediately following the April 2010 elections, when Hagyó lost his seat, he was arrested on suspicion of extortion and breach of fiduciary responsibility. The trial against Hagyó and 14 other suspects is currently underway in Kecskemét.

Education
In 1989, Hagyó earned a bachelor's degree in Product Engineering from the former Budapest University of Horticulture and Food Industry in Szeged, Hungary. After the undergraduate studies, he relocated to the university's Budapest campus in pursuit of an advanced degree in Food Engineering from the Department of Economics. Hagyó claimed that he subsequently pursued doctoral work in the subject matter, but he was forced to abandon the academic project due to "political and personal life difficulties". Hagyó did however co-author a published scientific investigation into the "conditions of the food retail trade units in Hungary". == Career ==
Career
Private Sector Resulting from the fall of the Iron Curtain in 1989, and the subsequent transition to a market economy, Hungary saw a significant increase in foreign investment and trade after 1991. Taking advantage of that, Hagyó began working in 1992 for Wrigley's Hungarian operation, Hungaria. After working his way into an exclusive regional distribution position, Hagyó became involved in many start-up food distribution companies. According to him, he enjoyed financial growth and professional success "thanks to the [post-Soviet] economic boom." Also during that time, he delivered three speeches in Parliament, and he submitted a total of 55 independent and non autonomous motions. Moreover, he helped secure substantial funds from the Hungarian Red Cross in an effort to transport many of the victims to Hungary while the damaged communities were restored. Due to the social unrest of a 2006 scandal involving former Socialist Prime Minister Ferenc Gyurcsány, many thought that opposing Fidesz representatives would oust the socialists from their seats in Budapest. Despite that, the Alliance of Free Democrats-Socialist coalition incumbent Gábor Demszky was re-elected. In addition to holding his parliamentary position, Hagyó was appointed as Deputy Mayor of Budapest on December 14, 2006. In a 2010 interview, MSZSZ Secretary General Laszló Szimandl stated in an interview: At that time, Hagyó was forced to resign from the socialist party and its associated position. He therefore was unable to remain the president of the synchronized swimming association. According to promotional videos, his pride of his Jászberény heritage - an ethnically mixed community due to historical wars - and his recognition of Roma soldiers, Hagyó is a supporter of ethnic diversity. During a March 2008 speech recognizing the efforts of Jews and Roma in the 1848 revolution, Hagyó reminded his Hungarian audience that the history of the Serbs, the Croatians, and the Poles are regrettably more known than that of the Romany soldiers. Many of BKV's upper management were interrogated concerning possible involvement. Former BKV chief executive office Zsolt Balogh gave an interview to the daily newspaper Magyar Nemzet (Hungarian National) on March 6, 2010 and a separate interview the following day to HírTV. During the interviews, Balogh publicly accused Hagyó of extortion and breach of fiduciary duty. According to the accuser, he entered Hagyó's office "in late September, early October 2007" In the same article, the party's spokesman, István Nyakó, stated that the accusations had "not been about the truth." In addition to the bribery accusations from Balogh, police suspected him of instructing former BKV managing director Attila Antal of concluding an unnecessary contract with AAM and misappropriating funds related to the suburban railway line HÉV passenger information supply system. == Pretrial Detention ==
Pretrial Detention
On May 26, 2010 Hagyó was incarcerated at the Budapest Penitentiary in spite of numerous appeals from Hagyó's lawyer, András Kádár. kadar argued that his client suffered from numerous illnesses and no evidence supported the stringent measure. The signatory judge, Mária Szívós, cited the necessity of the coercive measure as prevention from suspect collusion Hagyó's initial release date was June 17, 2010. Hagyó was released from prison into house arrest on February 13, 2011, and he remained on house arrest until June 8, 2011. the judicial process through which the decisions were made to imprison Hagyó received much criticism. A Hungarian law student used the detainment and the subsequent trial as case studies, focusing on the issue of basic rights established by the Convention. The main points of his contention were the prosecution's and court's unwillingness to allow neither Hagyó nor his lawyer access to the evidences. As Hagyó was a young and popular socialist politician, some speculate that the detention and the trial have political, rather than criminal, motivations. This speculation stems from bloggers, academics, and journalists. Critics of Hagyó consider him a relic of Soviet-imposed communism, a symbol of corruption. Forgery Accusations While serving his pretrial detention at the Budapest Penitentiary, Miklós Hagyó, with legal oversight from Dr. Viktor Géza Szűcs, empowered his common-law wife to act on his behalf with regards to Hagyó's company, WIRTASS Trade and Service, LLC. on August 6, 2010. After receiving the authorization of the trial's prosecutor, the document was sent along with a letter from Hagyó's common-law wife to Brigadier-General Csaba Boglyasovszky, the principal administrator of the Venyige Street Penal Enforcement Institution. In the letter, Hagyó's partner states that the new situation would require extraordinary visiting rights. She was previously allowed to visit Hagyó once a month. In her request (dated August 17, 2010), she states that "I would also like to record, that the actual mutual confidence alone is not sufficient to provide [for WIRTASS LLC.] adequate, objective and rational basis for decision making." In the letter, Boglyasovszky stated, "Referring to the letter dated on the 17th of August 2010. I inform you that for visiting Miklós Hagyó detainee, to you as the legal representative is allowed." As a result, Hagyó filed a lawsuit against HírTV within the Budapest Regional Court. Hagyó presented this authorization to the prison via his counselor on September 2, 2010. == The trial ==
The trial
In 2016, Hagyo was found guilty of abuse of office, as well as financial malfeasance by a first-level court in Hungary. Miklos was cleared of charges of corruption, which prosecutors have decided to appeal. The appeals court in 2017 handed him a sentence of one and a half year, a decision which was not positively assessed by the ruling FIDESZ party. == Personal life ==
Personal life
He is married to Beáta Csecserits. They have a daughter, Dorina. Hagyó completed the pilgrimage on El Camino de Santiago. == External links ==
tickerdossier.comtickerdossier.substack.com