Tag Archives: IIB

Bracing for US sanctions, Russian financier in Budapest was busy securing personal offshore assets, leaked documents reveal

Before the Hungarian government exited the Russian bank, it was helped out by a government-close financial institution

“We need to pressure” the Hungarians – Leaked documents reveal collapse of Russian-led bank in Budapest

Spies, business deals and criminals. How Orbán favors Russian interests instead of Western ones

In the past 12 years, Prime Minister Viktor Orbán’s government has gotten into a situation many times, when they had to decide between the interests of Western allies, or Russia. Direkt36 has revealed many cases, where, in the end, the government favored Vladimir Putin and his circles. It occurred, for example, that they drove a Hungarian company out of business, just to be able to make space for a Russian firm.

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U.S. is still trying to push out the Russian-led bank from Hungary

Viktor Orban promised something to Vladimir Putin, but the U.S. intervened

Orban promises the U.S. counterintelligence measures against a Russian-led bank

Putin-controlled financial giant has close ties to IIB, the Russian-led bank moving to Hungary

Russian-led bank rapidly gearing up in Budapest amid EU and U.S. worries

Viktor Orban’s government has become an enthusiastic partner in Russia’s financial expansion