According to internal documents obtained by Direkt36, OTP closed the accounts of the International Investment Bank after the outbreak of the war. Followingly, the Russian-dominated financial institution turned to the government-close MKB to open a new account.
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Before the Hungarian government exited the Russian bank, it was helped out by a government-close financial institution
Prominent 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.
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He has been uncovering the lavish lifestyle of Viktor Orbán’s circles. This summer, he was surveilled with Pegasus spyware
Photographer-journalist Dániel Németh has spent years investigating and documenting the luxury lifestyle of Hungary’s ruling elite, following them with his camera as they travelled around Europe. This time, however, someone was watching him too.
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Inside the secrets of the Orbán family’s businesses
Viktor Orbán claims that he does not have any savings, but his family members have earned millions of euros in recent years, partly from public money from the Hungarian state and the European Union. We explain how we investigated the businesses of Orbán’s family in an animated video.
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Government’s friends get a chance to profit from the economic downturn
Several government-close people, including a Fidesz politician, entered the liquidation market, which will likely become a profitable business following the economic impact of COVID-19, Direkt36 reports.
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This is how the mining company of Viktor Orban’s father became more profitable than its major competitors
The mining company of Viktor Orbán’s father has been involved in several major public construction projects in recent years and it has become one of the most successful companies in the market. Last year, it outperformed all of its major competitors in one important aspect: Győző Orbán’s company achieved the highest profit margin.
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How public money keeps flowing to Orban’s family through Hungary’s new tycoon
Hungarian Prime Minister Viktor Orban keeps repeating that he doesn’t deal with business issues. The companies of his family members, however, are benefitting from EU-funded constructions that are carried out by the business empire of Lorinc Meszaros, a friend of the PM. We explain their business relationship in a short video.
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