Image: Piaxabay

The deputy group leader of opposition Párbeszéd has filed a criminal complaint for severe financial mismanagement involving the sale of a hotel in Visegrád in northern Hungary.

Bence Tordai told a press conference on Monday that the transaction involved the son-in-law of Prime Minister Viktor Orbán who had purchased the property for 1.6 billion forints (EUR 4.6m) only to resell it for 3.6 billion forints without adding any value to the facility.

The buyer, a fund manager, has caused damage to its company and its shareholders by paying an unreasonably high price, he added.

Tordai said that over the past ten years an authoritarian capitalist regime had emerged in Hungary. After a change of government in 2022, not only the fundamental ills of capitalism will have to be addressed but also the problems of a political system that had intertwined with it, he added.

Tordai said

the current regime “subordinates the operation of the economy to an oppressive power, a party-state rule”, which has almost eliminated fair competition and the free market.

criminal list hungary
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Source: MTI

  1. Sounds like more sour grapes from the usual bunch of complainers . They offer no solutions to run Hungary just constant criticisms. If the son in law of Orban made a profit on the sale that is called being a smart businessman. The previous owner of the property made a bad judgement call to sell the property for such a low price. All the opposition parties are loaded with politicians that offer nothing to Hungary. Maybe that is why they are not in charge?

  2. In Hungary, it is not what you know but who you know (in the government) that makes for a successful (and questionably legal) business person.

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