The state-owned Hungarian Development Bank provided 166 million euros in loans to PM Orbán’s son-in-law and his business partners. It almost fully covered the purchase of one of Budapest’s landmark hotels by one of the richest Hungarians.
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The big winners of favorable state loans in Hungary? Viktor Orbán’s son-in-law and his circle
Orbán’s son-in-law and his associates among beneficiaries of favorable state COVID-loans
The loan for small- and medium-sized companies was announced by governor of Hungary’s Central Bank György Matolcsy at the beginning of the COVID-19 pandemic. Only a few received loans as high as István Tiborcz and two of his associates.
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Company of Orbán’s son-in-law moved into a luxury villa owned by influential businessmen
The move is another sign of the increasingly close relationship between the prime minister’s family and the country’s business elite.
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Orbán’s son-in-law extends his influence over major real estate company
István Tiborcz now owns more than 75 percent of the company, which has a high-value real estate portfolio, according to company records reviewed by Direkt36.
Continue readingA message from Orbán’s son-in-law and an investigation into phantom offices
I have covered the businesses of István Tiborcz, the son-in-law of the Hungarian Prime Minister, for years. Last year I didn’t write that much about him, since he retreated to the background in business as he sold his shares in the notorious company, Elios Ltd. in 2015. However, I got the biggest surprise of the Read More
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Lázár János nagyon kedvező feltételeket szabott Tiborczéknak a hódmezővásárhelyi lámpacserénél
Kikötötték ugyan, hogy az új közvilágításnak 25 százalékos megtakarítást kell elérnie, de akkor sem járt volna rosszul a cég, ha ez nem sikerül.
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Six things Direkt36 revealed about the company of Orbán’s son-in-law, and later were also found suspicious by the EU’s Anti-fraud Office
Az EU csalás elleni hivatala súlyos szabálytalanságokat talált a miniszterelnök vejének egykori cége, az Elios közbeszerzéseiben. Több fontos megállapítás már évekkel ezelőtt előkerült a Direkt36 cikkeiben.
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Csalás miatt nyomoznak egy olyan ügyben, ami a Tiborcz-cég pályázatai miatt lett gyanús
A szekszárdi önkormányzat közvilágítási szerződéseit vizsgálja a NAV, gyanúsított még nincs. A rendőrség korábban Tiborcz egykori cégének szerződéseinél nem talált bűncselekményt.
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Government official János Lázár gibbers about suspicious tenders won by the son-in-law of the Prime Minister
The European Union’s antifraud office has found serious irregularities in public projects carried out by a company formerly owned by the son-in-law of Hungary’s PM. The government has already received the report, but it does not publish it. Earlier it had been not that secretive in a similar case.
Continue readingHogyan cserkésztem be Tiborcz Istvánt?
Vorák Anita már régóta szeretett volna feltenni pár kérdést a miniszterelnök vejének. Végül egy szakácsversenyen sikerült megközelíteni.
Continue readingCompany linked to PM’s son-in-law got involved in public project years before winning the tender, secret recording shows
The firm had got involved in the preparations of a major public project nearly two years before it won the tender for it, shows a secretly made audio recording obtained by Direkt36.
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Prime minister’s son-in-law sold his property business to an offshore company
István Tiborcz’s former company owns a high value property in an industrial park that is promoted by the government to investors.
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Government promotes industrial park where prime minister’s son-in-law owns property
István Tiborcz's company owns a property in the industrial park where the local Nokia factor had been operating. Now the government is trying to lure new investors to the park. Continue reading
Orbán’s son-in-law moves back towards public money by purchasing new company
A few months ago, István Tiborcz became a co-owner in a firm belonging to the WHB group, which won several big state tenders in recent years.
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Police closed investigation into the public tenders linked to Orban’s son-in-law
One and a half year of investigation was not enough to find a reasonable suspicion in the case of the controversial public procurement businesses of Elios Innovatív. According to the Hungarian police, it is the true nature of the free market that a company can set different prices for similar lamps. Continue reading
Prime minister’s son-in-law gets hefty dividend from his company
István Tiborcz, the son-in-law of Viktor Orbán, took 460 million forints (1.5 million euros) in dividend from his IT firm. Continue reading
Controversial Hungarian company made record profit from state commissions
The company formerly owned by the son-in-law of the Hungarian prime minister had a blast last year: its revenues skyrocketed to 24,8 million euros, and the current owner, a billionaire businessman took out 3,1 million in dividends. Virtually all the income of the company comes from public procurements and other state commissions.
Continue readingHow we investigated the son-in-law of Hungary’s prime minister
Baljós körülmények között kezdődött az a találkozó, amely Vorák Anitának, a Direkt36 újságírójának megadta a kezdő lökést az Orbán Viktor vejét érintő nyomozásához. Most elmeséli a cikksorozat készítésének részleteit.
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The Hungarian PM’s son-in-law stepped back from public money. But his long-time business partner moved closer to it
For years, Endre Hamar was a close business partner of István Tiborcz, the son-in-law of the Hungarian prime minster. Hamar now became one of the first beneficiaries of the new European Union grant cycle, winning multiple public contracts.
Continue readingHungary PM’s son-in-law left behind inexplicably overpriced lamps
A company until recently co-owned by Viktor Orbán’s son-in-law has been awarded public contracts to improve street lighting in several cities. A Direkt36 investigation revealed that the price of the lamps was unusually high, which raised the budget significantly in many cities.
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