The Hungarian government has submitted a bill to establish an anti-corruption body, honoring the promise of Prime Minister Peter Magyar.

The Hungarian government submitted a bill to parliament on Friday to establish the National Office for Asset Protection and Recovery (NVVH), an independent institution dedicated to investigating acts of corruption during the tenure of former Prime Minister Viktor Orban. Prime Minister Peter Magyar, who won the elections in April, emphasized that the phenomenon of corruption has cost Hungarian taxpayers between 8% and 10% of GDP in recent years.

The mandate of the new office will include the identification, tracking, and recovery of public assets illegally diverted. The authors of the bill estimate that approximately 30 trillion forints have been illegally transferred to private ownership in the last two decades. The institution will be led by a president and four deputies, with appointments approved by parliament. At the same time, Hungary will join the European Public Prosecutor's Office, and the Council of the European Union has approved the national recovery plan, facilitating access to EU funds of approximately 10 billion euros. Prime Minister Magyar highlighted these advances in a Facebook post.