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Stories from Hungary

147 stories in this location, newest first.

politics 16d ago Budapest

Hungarian Oligarch Families Reportedly Fleeing Country

Peter Magyar reports that several oligarch families have already left Hungary. The family of billionaire Lőrinc Mészáros is reportedly planning to fly to Dubai in the coming days. Mészáros, a former local heating installer, became a billionaire through various business dealings.
MDR Aktuell
politics 16d ago Budapest

Hungarian Party Leader Plans June Talks With Zelensky

Hungarian Prime Minister Victor Orban has been voted out of office. He also noted that the family of Lőrinc Mészáros plans to fly to Dubai in the coming days. Mésarosch is a childhood friend of Viktor Orbán who transitioned from a local technician to a billionaire. Speculation exists regarding whether Orbán himself may flee to the United States where his eldest daughter resides. Magyar has called for the immediate seizure of funds allegedly stolen from the Hungarian people. Magyar specifically demanded the arrest of individuals accused of stealing billions from the Hungarian people to prevent them from fleeing to non-extradition jurisdictions. Authorities are specifically calling for the arrest of criminals before they can flee to countries without extradition treaties with Hungary.
SWR Aktuell
politics 16d ago Budapest

Hungarian Tax Authorities Suspect Money Laundering in Orban Probe

Hungarian authorities are investigating a corruption scheme that has allegedly defrauded the Hungarian people of billions. The investigation aims to apprehend those responsible and recover assets, with speculation that even Prime Minister Viktor Orbán might flee to the US.
BR24
politics 16d ago Budapest

Hungarian Politician Calls for Arrests Amid Orban Probe

Hungarian authorities are calling for the immediate arrest of individuals accused of misappropriating billions of euros from the Hungarian people. Officials warned that criminals must be apprehended before a new government is formed to prevent them from fleeing to non-extradition countries. The judiciary is tasked with recovering the stolen assets and holding those who violated their oaths of office accountable. The investigation aims to address crimes that have significantly harmed the national economy. This follows accusations of financial impropriety within the government sector. The government is reportedly preparing for upcoming presidential elections and proposing administrative and fiscal reforms. Politician Tesza Peter Magyar has called on intelligence services to arrest businessmen and politicians linked to Hungarian Prime Minister Viktor Orban.
BR24
politics 16d ago Budapest

Hungarian Officials Vow to Recover Misused Billions

Victor Orban will not enter the parliament to serve as the opposition leader. Hungarian tax and customs authorities are reportedly monitoring these movements in the background. These movements occur as the TISA party prepares for a government takeover to establish a new administration. Hungarian officials are calling for the arrest of individuals accused of harming the public through the misuse of billions in funds. Authorities aim to prevent suspects from fleeing to countries without extradition treaties before a new government is formed. Officials state the independent judiciary will seek to recover the assets and hold those responsible accountable. Peter Mojga warned that suspects may flee to non-extradition countries before the new government is formed.
MDR Aktuell
politics 16d ago Budapest

Hungarian Authorities Investigate Oligarch Wealth Transfers

Viktor Orban will step down as Prime Minister of Hungary on May 9 after 16 years in office. These movements occur as preparations for his May 9 departure continue. Reports indicate Orban's inner circle is moving billions in assets to the UAE, Uruguay, and the US amid the transition. Speculation suggests Viktor Orban may flee to the United States, where his eldest daughter resides with her husband. Viktor Orban stated he will focus on restructuring the Fidesz party from outside of Parliament. He noted that despite a electoral defeat, the party still maintains a base of 2.5 million voters. Orban has set a goal to revitalize the party by the 2030 elections. Hungarian tax and customs authorities have stopped high-value transfers linked to Antal Rogan, the cabinet office leader for Viktor Orban. The investigation is being conducted under suspicion of money laundering.
BR24
politics 16d ago Budapest

Outgoing Hungarian Head of State May Flee Abroad

Rumors suggest the outgoing Hungarian head of state may seek refuge in another country. Speculation has emerged that ousted Hungarian Prime Minister Viktor Orban may flee to the United States.
MDR Aktuell
politics 16d ago Budapest

Gergy Gujas Named New Opposition Leader

Viktor Orban announced via social media that he will not seek to become the leader of the opposition. Goyas is considered a protégé of Viktor Orban, who currently serves as the Minister President. Orban intends to remain the leader of the Fides party. A Fides renewal congress scheduled for June will decide the party's future leadership structure.
MDR Aktuell
politics 16d ago Budapest

Hungarian Politics Shift After Decades of Orban Rule

Following 60 years under Viktor Orban's leadership, a political shift is occurring in Hungary. Analysts are observing the potential impact on Hungary's role within NATO and its support for Ukraine. Questions remain about Hungary's stance on defense and its future alignment with former Iron Curtain countries.
BNR Nieuwsradio
politics 16d ago Budapest

Orban Associates Transfer Billions To United Arab Emirates

Information suggests the inner circle surrounding Viktor Orban is fleeing Hungary with misappropriated assets. Oliver Mojga provided details on the financial transfers. Reports indicate Viktor Orban's closest associates may be misappropriating between 4 and 5 billion euros in state funds annually for private business interests. The allegations suggest a mafia-style operation operating within the government's periphery. The scale of the alleged diversion represents a portion of national resources. Reports suggest high-value transfers were made from the office of Orban's chief of staff, Al-Roghan, under suspicion of tax and customs evasion. Investigators have called for the immediate seizure of these funds to prevent further loss to the public. Failure to comply with these investigations may result in criminal charges for those involved.
Deutschlandfunk