Orban's election defeat has paved the way for a new political chapter in Hungary under the leadership of Peter Magyar. However, alongside the change in power, reports indicate a rapid "race" by Orban's inner circle to transfer assets abroad.
According to sources cited by international media, private jets are departing from Vienna, while individuals linked to the Fidesz party are moving their assets to countries such as Saudi Arabia, Oman, and the United Arab Emirates, as well as more distant destinations like Australia and Singapore.
Since Orban came to power in 2010, a small circle of his close associates has amassed vast wealth, partly thanks to increasing control over the economy and public contracts funded by the European Union.
Incoming Prime Minister Peter Magyar has raised the alarm, accusing individuals connected to Fidesz of trying to protect their assets from accountability before his government takes office in early May.
"Orban-linked oligarchs are transferring tens of billions of forints abroad," he declared, calling on judicial institutions to intervene and prevent suspected individuals from fleeing to countries where extradition is difficult.
Among the names mentioned is the family of Lorinc Meszaros, one of Orban's closest allies and one of the richest people in Hungary, whose wealth, according to critics, has grown significantly through public contracts. Reports also indicate that families of oligarchs have begun leaving the country, withdrawing their children from schools and arranging security measures for their departure.
Meanwhile, Hungarian investigative media warn that efforts to recover assets suspected of being illegally obtained could take years. Magyar has promised a strong fight against corruption and cronyism, stating that Hungary has faced "looting and degradation" in recent years.
On the other hand, accusations of evidence destruction during the final weeks of Orban's government have been dismissed by current officials as baseless. Following his defeat, Orban has announced that he will not take up his parliamentary seat but intends to remain at the helm of Fidesz to lead a "renewal" process.
It is also reported that he may travel to the United States in the coming weeks, while some figures linked to Fidesz are applying for work visas there, aiming to connect with networks close to the Republican Party and the MAGA movement.
