The revelations about offshore firms brought to light by the source behind the Panama Papers toppled government leaders and spawned thousands of investigations. Now for the first time the source gave an interview.
Continue readingCategory Archives: Offshore secrets
“The Russian Government Wants To See Me Dead” – says the source of the Panama Papers
Senior official in Socialist governments had an offshore company, Pandora Papers reveal
Jenő Faller told Direkt36 that when he founded the offshore company it was a “fashionable” thing to do.
Continue readingTax changes under Viktor Orbán turned Hungary into a tax planning tool
The offshore leaks known as the Pandora Papers show that Hungay has been promoted to service providers as the new Cyprus or Malta. A lawyer wrote that Hungary can give an “onfshore face” to offshore companies.
Continue readingProminent business allies of Viktor Orbán’s government had secret offshore businesses, Pandora Papers reveal
Nearly 12 million confidential documents were leaked about secret offshore companies, investigated by the world’s largest international collaboration of journalists. Direkt36 was also part of the project and revealed that influential Hungarian pro-government figures including Balázs Kertész and Gellért Jászai also had offshore interests.
Continue readingOffshore company involved in suspicious transactions was protected by Hungarian bank, leaked secret files show
Suspicious transactions have been routinely moved through the Hungarian banking system, Direkt36 has revealed as part of the the global FinCENFiles investigation.
Continue readingAn internal document reveals a problematic real estate transaction financed by Hungary’s state bank
According to an internal document obtained by Direkt36 the state-owned Eximbank identified several risks related to a Budapest real estate development project. Nevertheless, it decided to financially support it with a loan worth millions of euros.
Continue readingPanama Papers expose new details in major corruption case
The so-called Eclipse scandal was one of the biggest corruption cases of the last two decades in Hungary. The new Panama Papers now reveal that a businessman with extensive connections to the government signed a consultancy contract with Eclipse through an offshore company.
Continue readingNew Panama Papers Inquiry Reveals Details of Hungary’s Golden Visa Program
A businessman involved in the controversial Hungarian residence program told Mossack Fonseca that he believes the Chinese government is behind one of the companies running the scheme.
Continue readingViktor Orbán’s advisor has a company in Hong Kong, in the very same room as businesses connected to Hungary’s residency bond programme
Árpád Habony is the sole shareholder of the firm, which chose exactly that secretary that also works for the local residency bond company. After an exclusive helicopter tour and a trip in a private jet, here is the new Hong Kong connection.
Continue readingHungarian businessmen with political ties appear in leaked Maltese business data
Paradise Papers revealed that hundreds of Hungarians do business in Malta. Many of them have political ties, including the ex-leaders of a company that prepares Hungary’s power plant expansion project, a former treasurer of Ferenc Gyurcsany’s socialist government and sport entrepreneurs connected to far-fight Jobbik.
Continue readingHidden businesses of influential Hungarians revealed in new massive offshore leak
The Paradise Papers project has revealed the links of a top Hungarian diplomat’s ties to a wealthy family and showed the former offshore interests of a businessman close to the government.
Continue readingInvestigations sparked by Panama Papers shut down quickly in Hungary
The Panama Papers project had huge impact around the world but the Hungarian authorities appear to have done little so far to look into the local findings.
Continue readingHungarian businessman close to the government and former EU commissioner appear in new batch of leaked offshore files
The leaked files contain data on more than 175 thousand companies registered in The Bahamas. The records exposed the hidden offshore connection of a former EU commissioner, Neelie Kroes, and the offshore interest of a well-connected Hungarian businessman.
Continue readingHungarian businessman owns Caribbean offshore bank, Panama Papers show
Loyal Bank was often recommended to customers by Mossack Fonseca, the Panama law firm at the heart of the leaks. The documents reveal that the bank is owned by Otto Hujber, a Hungarian businessman.
Continue readingDatabase revealing thousands of secret offshore companies published
Details of more than 200 thousand offshore companies are made public. The information is coming from the leaked documents known as the Panama Papers.
Continue readingOffshore secrets of Hungarian billionaires revealed
How members of the Hungarian business elite, including Sándor Csányi, the wealthiest person in the country, use offshore companies? The Panama Papers reveal new details.
Continue readingPanama Papers Source Offers Documents to Authorities and Calls for Action
This is how the anonymous whistleblower behind the Panama Papers gives justification for the leak in a statement.
Continue readingPanama Papers: Hungarian billionaires’s offshore secrets revealed
A leggazdagabb magyarok közül is szerepelnek többen a kiszivárgott offshore-dokumentumokban. Köztük van Matolcsy György unokatestvére, Szemerey Tamás is.
Continue readingHow the Hungarian part of the Panama Papers project started
Our Panama Papers reporter on how he got involved in the world’s biggest international investigative reporting project.
Continue readingPanama papers show a hidden business link between a former Hungarian state bank chief and an Austrian media investor
Erős János korábbi MFB-vezér egy befolyásos osztrák üzletemberrel, Heinrich Pecinával üzletelt egy panamai cégen keresztül. Régóta ismerik egymást, vadászni is szoktak együtt.
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