Péter Magyar: previous PM Orbán’s close circle saving EUR ten millions abroad

Hungary’s incoming prime minister, Péter Magyar, has made serious allegations regarding large-scale financial movements and preparations by outgoing PM Viktor Orbán’s business elites to leave the country following recent election defeat.

Péter Magyar claims HUF billions are leaving the country right now

In a video message published on social media, he claimed that significant sums—amounting to tens of billions of forints—are being transferred abroad by individuals linked to the outgoing government.

According to Magyar, these funds are reportedly being channelled to destinations including the United Arab Emirates, the United States, Uruguay, and other distant jurisdictions. He described the situation as a coordinated effort to move wealth out of Hungary ahead of a governmental transition.

Claims of suspicious transactions and official intervention

Péter Magyar further asserted that Hungary’s National Tax and Customs Administration (NAV) has already intervened in certain cases. He claimed that several high-value transactions connected to circles around Antal Rogán, Orbán’s Minister of the Prime Minister’s Cabinet Office, were suspended following alerts from banks citing suspected money laundering.

He called on authorities to immediately freeze what he described as “illegally obtained assets” and urged senior officials, including prosecutors and police leadership, to take decisive action. His appeal included a demand that individuals allegedly responsible for large-scale financial damage to the Hungarian public should be detained before they can leave for countries without extradition agreements.

Reports of oligarch families leaving Hungary

In addition to financial concerns, Péter Magyar alleged that several influential business families have already departed Hungary or are preparing to do so. Among those mentioned was the family of Lőrinc Mészáros, Orbán’s best friend, and coincidentally, the country’s richest man, who, according to the claims, may be travelling to Dubai in the coming days.

He also suggested that some families have withdrawn their children from schools and are arranging private security as part of their relocation plans. These claims, however, have not been independently verified.

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Media assets allegedly sold below market value

Another key point raised by Magyar concerns the reported sale of media assets. He alleged that television channels and other outlets, including TV2, are being offered at prices below market value. Additionally, he claimed that a major communications company, Lounge Event Kft.—linked to businessman Gyula Balásy—is also being put up for sale.

Lounge Event has played a significant role in organising state events through government contracts, making it a notable player in Hungary’s communications sector. Despite these claims, publicly available company data has not yet indicated any confirmed ownership changes.

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Péter Magyar warns everyone to abstain from investing in these companies

Magyar issued a warning to both domestic and international investors, advising them to avoid acquiring assets he described as tied to illicit activities. He suggested that future legal consequences could arise for those who proceed with such transactions.

He emphasised that the incoming administration intends to investigate alleged wrongdoing thoroughly, recover assets, and hold accountable all those involved. “There are no minor or major participants,” he stated, stressing that everyone linked to the alleged system would face consequences under Hungarian law.

Outgoing prime minister Viktor Orbán has not publicly responded to these specific claims, and no official confirmation has been issued by authorities regarding the alleged asset transfers or departures.

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Featured image: Anadolu Agency