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United States3d ago

Orbán-linked oligarchs moving billions abroad

Hungarian opposition leader Péter Magyar alleges oligarchs linked to PM Orbán are transferring tens of billions of forints to offshore havens.

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1 verified
Location
Hungary
Updated
Saturday, 25 April 2026 at 23:36 UTC
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Hungarian opposition leader Péter Magyar has publicly alleged that oligarchs linked to Prime Minister Viktor Orbán are transferring tens of billions of forints (Hungarian currency) out of the country to distant nations, including the United Arab Emirates, the United States, and Uruguay. The claims suggest a significant capital flight from Hungary orchestrated by figures close to the ruling party. Magyar's statement, made via social media, frames the alleged transfers as a move to protect assets amid domestic political scrutiny. The allegations add to ongoing tensions between Orbán's government and its political opponents.
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