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Hungarian Opposition Leader Accuses Orbán Allies of Transferring Assets Abroad
Associates of Viktor Orbán have begun transferring wealth out of Hungary following his party's election loss on April 12, 2026. Incoming leader Péter Magyar accused them of shielding assets from accountability and called for detentions. Assets are reportedly heading to the Middle East, Australia, Singapore, and other locations.
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Péter Magyar, leader of Hungary's opposition Tisza party, accused oligarchs linked to Viktor Orbán of transferring tens of billions of forints to the United Arab Emirates, the United States, Uruguay, and other distant countries. Magyar made the statement on social media on Saturday, as his government prepares to take power in early May 2026.
He called on the chief prosecutor, the police chief, and the head of the tax office to detain the criminals and not allow them to flee to countries where extradition would be unlikely.
Magyar stated that those expected to leave the country included the family of Lőrinc Mészáros, one of Orbán’s closest friends. He added that several oligarch families have already left the country, with several influential oligarch families having withdrawn their children from school and arranging trusted security personnel for their departure.
Mészáros rose from gas fitter to Hungary’s richest man, fueled in part by public procurement contracts.
The Guardian reported that three members of Viktor Orbán's inner circle have begun moving their assets abroad since the election. Assets are being moved to countries in the Middle East including Saudi Arabia, Oman, and the UAE, as well as to Australia and Singapore, according to two Fidesz sources.
Private jets laden with spoils from Orbán's 16 years in power have been taking off from Vienna, sources told The Guardian.
High-level figures close to Viktor Orbán have been looking into US visa options. hu. hu claimed in March 2026 that key figures were already transferring assets to Dubai. Péter Magyar's opposition Tisza party won a landslide victory in the Hungarian election on 12 April 2026.
