Угорська поліція розслідує виведення активів оточенням Віктора Орбана
The Hungarian police have launched an investigation into possible embezzlement following reports that businessmen linked to Viktor Orbán’s inner circle are moving assets abroad. This was reported by the Hungarian media, according to ThePublic.
A case has been opened against unidentified individuals on suspicion of an offence that could have caused particularly significant financial losses. The offence carries a penalty of imprisonment for a term of between five and ten years.
Separately, preparatory proceedings are underway to assess possible additional offences. Details are not being disclosed so as not to prejudice the investigation.
The investigation was launched following statements by opposition politicians, including Péter Magyar and András Fekete-Djör, who accused the authorities of inaction regarding the so-called asset stripping.
Following his election victory on 12 April, Péter Magyar announced his intention to recover assets that may have been illegally obtained by oligarchs linked to Viktor Orbán. To this end, plans are in place to establish a National Office for Asset Recovery and Protection. Details of this initiative have not yet been made public.
The start of asset stripping before the election
Even before the election, there were reports of attempts by business figures linked to the Fidesz party to safeguard their assets.
At the end of March, it was reported that Ádám Matolcsy, son of former central bank governor György Matolcsy, had moved part of his assets to Dubai, including a collection of Porsche cars.
Ádám Matolcsy was implicated in the scandal surrounding the Hungarian National Bank, where significant funds disappeared from funds established by his father due to overpriced purchases and opaque investments.
At the end of March, almost all the funds from the account of V-Híd Vagyonkezelő Kft., which manages the assets of Lorincz Mesaros’s business, were transferred to his personal account. At the time of the transaction, Mesaros was no longer a co-owner of the company. The reasons for this transfer remain unknown.
Lőrincz Mesaros previously worked as a gas fitter and was mayor of the village of Felcsút. After 2010, when Fidesz secured a constitutional majority, he became one of the country’s wealthiest businessmen thanks to state contracts. According to Forbes, his fortune stands at $5.2 billion.
Assets are being moved to various countries
Following Fidesz’s defeat in the elections, the pace of asset transfers abroad has accelerated.
Péter Magyar stated that tens of billions of forints are being transferred to the United Arab Emirates, the US, Uruguay and other countries.
According to media reports, several individuals from Viktor Orbán’s inner circle have begun moving assets to countries in the Middle East. There are also reports of private jets being used to transport capital via Vienna.
Journalist Szabolcs Páni wrote that oligarchs are attempting to move assets out of the country before the new government can freeze, confiscate or nationalise them.
According to his sources, one businessman has invested hundreds of billions of forints in Saudi Arabia. Other destinations mentioned include the Gulf states, as well as Hong Kong and Singapore. One company is considering relocating to Australia.
Fund transfers after the election
According to the weekly Magyar Hang, following the elections, 4.4 billion forints were transferred from Envirotis Holding Zrt to the Status Next fund, owned by Lőrinc Mesaros.
The economic website G7 noted that this payment was a dividend. To pay it out, the company converted part of its assets into cash. As of the end of 2025, the company had 2.1 billion forints in its account, whilst other assets were held in forms that are more difficult to convert into cash.
