István Tiborcz’s former company owns a high value property in an industrial park that is promoted by the government to investors.

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.

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.

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.

István Tiborcz, the son-in-law of Viktor Orbán, took 460 million forints (1.5 million euros) in dividend from his IT firm.

Direkt36’s latest investigation revealed how the controversy around the Hungarian Prime Minister’s son-in-law is connected to the Prime Minister’s Office.

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.

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.

Two EU investigations are being conducted into the state contracts that were given to Elios Innovatív under suspicious circumstances. If the wrongdoing is proven, Hungary could face financial penalties.

Dialogue for Hungary, an opposition party, filed the criminal complaint based on a recent article of Direkt36.