Preparations for a megaproject in which a Russian-Hungarian company will supply 1300 rail cars to Egypt seem to have accelerated. Simultaneously, people close to Arpad Habony, the PM’s chief advisor, and Zsolt Hernadi, CEO of MOL have appeared inside the firm which co-owns the winning company.
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People close to Orban’s advisor appear in controversial Russia-connected megaproject
Hungary pressured by diplomats to stop blocking NATO-Ukraine talks
There is growing pressure on Hungary’s government to stop blocking high-level Ukraine-NATO meetings. They are accused of doing a favor to Russia, while Hungary says “we’re not blocking just for fun”.
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U.S. is still trying to push out the Russian-led bank from Hungary
American and British diplomacy are upset that the International Investment Bank has relocated its headquarters to Budapest. The bank’s employees were supposed to receive wide diplomatic immunities, but the Orban government seems to be backtracking on issuing them.
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Viktor Orban promised something to Vladimir Putin, but the U.S. intervened
Hungary’s government promised diplomatic immunities to the Russian-led, now Budapest-based International Investment Bank, but U.S. diplomacy had concerns over the bank’s alleged ties to Russian intelligence.
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Both Russian arms dealers Hungary extradited to Moscow instead of the U.S. now set free
Vladimir Lyubishin Sr. was released after a Moscow court hearing. The arms dealer was arrested in a joint operation by Hungarian and U.S. authorities, but Hungary’s government extradited him to Russia. According to his lawyer, Lyubishin is very happy and can’t wait to travel somewhere with a spa and sauna.
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Orban promises the U.S. counterintelligence measures against a Russian-led bank
Viktor Orban has secretly promised many things to the U.S. government because they were worried about the Russian-led International Investment Bank’s (IIB) moving to Budapest. Meanwhile, the Hungarian government is trying to reassure U.S. congressmen that everything is OK with the IIB, although many find the bank suspicious.
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Russian-led bank rapidly gearing up in Budapest amid EU and U.S. worries
Nothing can stop the relocation of International Investment Bank, a former Soviet bank that was revived by Russian president Vladimir Putin a few years ago, to Budapest. Meanwhile, Hungary appoints a new director who has been accused of working for the Communist secret service.
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How we exposed a secret conflict involving Russia, the United States, and Hungary
How we did our investigation into a story about two Russian arms dealers who were arrested in Hungary as the result of a US-led sting operation, and about how the Hungarian government extradited the two Russians to Moscow, infuriating the Americans.
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Russian arms dealer busted by U.S. agents in Hungary now out of jail after extradition
Vladimir Lyubishin Jr. has been released from prison in February. The U.S. fears that the Russian arms dealers will avoid justice after being extradited to Russia.
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Russian diplomats caught spying in Hungary get expelled quietly as usual
Russian intelligence organizes some of their Balkans operations from Hungary, but despite close Russian-Hungarian relations they can not always avoid retaliation. In 2016, the Military National Security Service exposed a GRU officer. Although Hungary’s government never informed the public, approximately ten Russian spies have been busted since 2010.
Continue readingLord of War in Budapest: The DEA busted two Russian arms dealers and Hungary extradited them to Moscow
The extradition controversy further increased the tension between the United States and the government of Hungarian Prime Minister Viktor Orban.
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