After Orban's defeat, his associates take their wealth out of Hungary! Assets are being moved to Middle Eastern countries - Gazeta Express
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News

Express newspaper

26/04/2026 23:02

After Orban's defeat, his associates take wealth out of Hungary! Assets are moved to Middle Eastern countries

News

Express newspaper

26/04/2026 23:02

Orban's defeat in the election paved the way for a new political chapter in Hungary under the leadership of Peter Magyar. But, in parallel with the change of power, there are reports of a rapid "race" from Orban's inner circle to transfer assets abroad.

According to sources cited by international media, private jets are departing from Vienna, while individuals affiliated with the Fidesz party are moving their assets to countries such as Saudi Arabia, Oman and the United Arab Emirates, as well as more distant destinations such as Australia and Singapore.

Since Orban came to power in 2010, a small circle of associates close to him has amassed vast fortunes, thanks in part to growing control over the economy and public contracts funded by the European Union.

The incoming prime minister, Peter Magyar, has raised the alarm, accusing people linked to Fidesz of trying to shield their assets from accountability before his government takes office in early May.

"Oligarchs linked to Orban are transferring tens of billions of forints abroad," he declared, calling on justice institutions to intervene and not allow the departure of suspects to countries where extradition is difficult.

Among the names mentioned is the family of Lorinc Meszaros, one of Orban's closest allies and one of the richest people in Hungary, whose wealth, according to critics, has increased significantly through public contracts.

Reports also speak of oligarch families who have begun to leave the country, even withdrawing children from schools and organizing security measures for their departure.

Meanwhile, Hungarian investigative media warn that efforts to recover assets suspected of being illegally obtained could take years.

Magyar has promised a strong fight against corruption and cronyism, stating that Hungary has faced "plunder and degradation" in recent years.

On the other hand, accusations of evidence destruction during the final weeks of Orban's government have been dismissed by current officials as unfounded.

After the defeat, Orban has announced that he will not take the parliamentary mandate, but intends to remain at the head of Fidesz to lead a "renewal" process.

It is also reported that he may travel to the United States in the coming weeks, while several figures linked to Fidesz are applying for work visas there, aiming to connect with networks close to the Republican Party and the MAGA movement. /Panorama

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