Investigation against Elios Terminated for Absence of Crime
The investigation against Elios Innovativ, a procedure initiated in the wake of a report by the EU’s anti-fraud office (OLAF), has been terminated for absence of crime, a national police spokesman said on Tuesday.
Police have reviewed a “substantial amount” of documents and concluded that no crime has been committed, Kristóf Gál said.
OLAF has raised suspicion that Hungarian businesses have cooperated fraudulently in public procurement processes for public lighting projects and billed higher amounts than they were entitled to, the spokesman said. He added that “the comprehensive investigation conducted by the Hungarian authorities has not corroborated the OLAF report.”