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He also suggested that some families have withdrawn their children from schools and are arranging private security as part of their relocation plans.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
Re-play in part, to post 1945 in Germany.
May lessons been LEARNT, remembering that History never Lies.
Tisza must increase its position, presence – actions it MUST undertake use of harder actions – to CEASE this growing wrongful practice especially removing from Hungary – by those who STOLE, abused us for decades, and take back what is ours = Hungary.
Tisza – must detain them, by use of Law and hold cease funds – that are those BELIEVED to have been stolen from = Hungary.
Hungary – we can’t and it must be DONE orderly without aggression nor violence – but we MUST come down HARD on those who are DESERTING us, taking there WEALTH – taking removing from us what they STOLE from us, by means of partnership, support to the Victor Mihaly. Orban /Fidesz Government from Government Ministers, Party Officials and Party Members and the Oligarchy.
Citizens we must raise our voices increase our CALM of involvement in support of our new Government and Prime Minister elect – Peter Magyar – to-gether in SOLIDARITY take back what is ours Hungary and have those which are HUGH in number that have Cheated us, abused us, lied to us, mis-lead us, fabricated truth to us, stole from us, built personal wealth through un-lawful practices = let us STOP them, expose them have them EXHIBITED exposed before the citizens of Hungary and Take Back = what is OUR’s that belongs to Hungary.
Mihaly Varga – the absolute DUD of a Finance Minister – founding member of Fidesz “mate” of the HUMILIATED former Prime Minister of Hungary – Victor Mihaly. Orban – now the Governor of the Central Bank of Hungary – he MUST Mihaly Varga – be RE-Moved from his Governorship appointment.
Varga – with what has happened still to HAPPEN in banking and “other” financial & economic movement of Funds & Assets – he Varga – to close, his role in the formation of the Fidesz Political Party a “Founding Father” with Victor Mihaly. Orban – the name Mihaly Varga must be OUTED it is Dangerous to remain as the Governor of the Reserve Bank Of Hungary – dealing and handling our money – HUNGARY.
Fidesz are absolute thieves. There is a mountain higher than Everest of corruption that prosecutors need to sift through and lay charges. We will look forward to the day that these criminals receive jail sentences.
It’s going to be fascinating to see who leaves and where they go. I’m not remotely surprised to learn that Meszaros is likely to go to Dubai. I suspect they’ll leave behind a lot of assets in Hungary in the shape of residential and commercial property, company and perhaps even personal vehicles that can eventually be seized by order of the courts. If most or all the leading lights of NER leave the country it’s revealing as to their misdeeds that they feel they’ll be unable to defend in a court so it’s best to leave while they still can.
It’s by no means a given that Dubai wants to be seen internationally as a dumping ground for Hungarian exiles. Even if they’re given residency visas (which may well be refused) the local banking system may stick in the spanner in the works to freeze their access to their money citing money laundering concerns. Dubai is seeking international legitimacy, particularly after the recent harm suffered to their image caused by Iran’s campaign of military vengeance against the UAE. It welcomes money from elsewhere but not at any cost. The arrival of the Hungarians will attract much media scrutiny, a corollary of Orban raising Hungary onto the global stage causing feverish interest in the recent election. The whereabouts and fate of the Hungarian oligarchs will be of great interest to international readers with journalists from a host of countries trying to keep tabs on them.
In time they may end up in Latin America for want of anywhere else they can or would want to go.